England, Britain, and the World - Economic Development 1660-1720

Explore the remarkable economic growth of Britain from 1660 to 1720 in this 47-minute lecture from Yale University's course on Early Modern England. Examine the factors contributing to this expansion, including stable population and prices, agricultural specialization, urbanization, and the growth of overseas trade. Discover how manufacturing industries developed to serve both domestic and international markets, and how internal trade intensified. Understand the emergence of a closely articulated national market economy and Britain's new core role in the nascent world economy. Delve into topics such as polycentric urbanism, commerce, and industrial agglomeration to gain a comprehensive understanding of this pivotal period in British economic history.