G.R: Georgian Economy
Written by Mandy N
(10/25/2003 5:51 a.m.)
in consequence of the missive, I've been wracking my brains, but, penned by Julie P.
Are these details familiar? Hope I'm not too far off! England had a huge national debt after the wars;Georgian society was disrupted with inflation and unemployment. After 1818 there was an increase in population and presumably a need to 'create wealth' which led to a transitional stage socially and economically.By 1820 the economy had begun to recover and an Agricultural Revolution had already begun. The genteel rulers mainly derived their income from the land. There was the social rise of a new class, owners of industry. Although JA didn't see these changes, I think it's been pointed out in M.P. she comments on alteration to country estates and also town life in London;She was aware of changes.Also with two navy brothers,she may've been aware England was interested in eventual expansion. |

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