ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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1850-1875 The Great Divide in Industrial Development

Development Surendra J Patel In order to appreciate the full sweep of industrial development since the innovation of the steam engine, it is important to seek answers to some of the following questions: when did the world's first industrial country emerge? How did the industrial system spread to other countries in the subsequent period? How large were the differences in the real per capita incomes between the pioneer industrial countries and what are now called the Third World countries? At what rate and over how long a period did the economic distance between these two areas grow? These questions are pertinent to assessing the prospects for several of the Third World countries catching up with the industrial pioneers. This essay attempts to examine these questions.

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