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After the union of England and Scotland in 1707, the largest free-trade area in Europe, political liberty was guaranteed, and a relatively open social structure made social mobility common, giving an increase to the accumulation of wealth.
Another factor was the agricultural revolution which began in the 1600s in Britain. New methods of farming, such as new methods of crop rotation and the use of turnips to restore exhausted soil, helped to create larger crop output. According to Asthton (1997), "In the eighteenth century most of the people of Britain earned their living by work on the land"(p...
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