Economics and Industrialization

An informative timeline from the Early Georgian period to Today, demonstrating the changing costs of housing and industrial innovations. How transport infrastructure and population sizes have effected the economy and society.

1740-01-01 00:00:00

Housing

Rent for a year is 1/14 of the cost of the house (£550-650): £40-50, paid in quarterly instalments.

1750-08-17 17:36:11

Population moves from rural areas to urban.

1760-03-11 01:16:28

The canal network grows - building materials can be transported relatively cheaply.

1771-01-06 01:36:47

Britains first cotton mill opens.

1801-06-21 16:57:41

UK population 8.3 million

1810-04-13 06:37:56

Britain is an industrial nation

1812-04-17 17:18:00

Innovation

First gas lighting utilities established.

1813-01-18 11:18:01

Housing

Large house - Rent 1/10th of cost of house, which is around £50-100 per year with build costs rising to £1000; Medium house - £16-£26 rent per year.

1813-01-18 11:18:01

Innovation

William Hedley and Timothy Hackworth design a locomotive (Puffing Billy Steam).

1820-02-05 12:38:14

Infrastructure

A national network of canals exists.

Economics and Industrialization

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