Drive to Maturity
The drive to maturity marks a significant shift in industrial focus, moving from capital goods to consumer durables and establishing a mass market for manufactured goods. This era, emerging in the mid to late 19th century, also sees rapid advancements in transportation and social infrastructure, including education and healthcare, as rising incomes allow for greater investment in these areas. The period is characterized by a diversification of industries and a burgeoning domestic market that reshapes daily life.In this clip
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The Science of Everything Podcast
Episode 105: Agriculture, Urbanisation, and Structural Change
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