Economic Developments 1812-1832

• 1780 - 1800


  Economic growth continued
• Issues with Economic Growth

  • industrialisation was regional and not national
  • change occurred quickly with some industry but slowly in others
• Coal

  • main source of energy in industry
  • if coal production was riding, industry was expanding
• Between 1815 and 1830 (coal)


  Coal production rose from 16 million to under 30 million tons
• Half of the coal produced was used in the production of pig iron.
• Between 1815 and 1830 (iron) 


  Production of Pig iron doubles
• ~ 1800 (iron+coal)


  8 tons of coal to produce 1 ton of pig iron
• 1830 (iron + coal) 


  3.5 tons of coal to create 1 ton of pig iron
• Between 1815 and 1830, methods of production in the iron industry were more efficient.
• 1815 to 1830 (cotton) 


  Imports of raw cotton increase two or threefold
• ~ 1830s cotton

  • 30% of all industrial workforce was engages in the cotton industry
  • 70% of all British exports were textiles
  • raw cotton accounted for 1/5 of all British imports
• 1838


  First Steamship launched
• Tonnage of ships built and registered (1820)

  66,700
• Tonnage of ships built and registered (1830)

  75,700
• Example of an expanding market and why

  Pottery and China:

  • new middle classes has houses to furnish
  • middle class had newfound disposable income
• Example of a fast growing industry by 1832

  Early developments of the railway, allowing for the spread of industrialisation nationally
• Raw Cotton imported (1810-1819)

  96,000,000 lbs
• Raw cotton imported (1820-1829)

  173,000,000 lbs
• Export of Cotton goods (1810-1819)

  227,000,000 yards
• Export of Cotton goods (1820-1829)

  320,000,000 yards
• Coal Production (1800)

  11.0 million tons
• Coal Production (1816)

  15.9 million tons
• Coal Production (1820)

  17.4 million tons
• Coal Production (1825)

  21.9 million tons
• Coal Production (1830)

  22.4 million tons
• Population of Britain (1811)

  12 million
• Population of Britain (1821)

  14 million
• Population of Britain (1831)

  16.3 million