ABSTRACT

SYNOPSIS: 7.00 The industrial revolution in the core countries challenged countries at the periphery either to industrialise or to trade.

7.01 Industrialisation requires a market and presupposes an agricultural surplus. The new industrial technology was relatively simple and cheap, and several countries met the agricultural condition; yet the diffusion of modern industry was slow. 7.02 The lag in the countries of South, East and Central Europe was especially remarkable, and highlights the political conditions for industrialisation.