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New materials, basically iron and steel, were used as well as new energy sources, such as coal and the steam engine, and most obviously new machinery, particularly in the textile industry. Transport systems were revolutionised by steam trains, canals, and better roads. New working conditions led to wealth moving away from the land and towards the new manufacturing classes. More people moved to where the factories were built creating growth within the urban areas.
As stated by Rostow (1960) countries pass through five stages of economic development.
Stage 1 - Traditional Society
Agriculture is the most important industry and production is labour intensive using only limited quantities of capital...
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