United Kingdom and The New Imperialism
Further information: British EmpireThe United Kingdom in the 1870s remained the world's foremost industrial power, but her share of world manufacturing output was already falling before the impact of international recession. Like the Dutch a century and a half earlier, the British coped with relative commercial and industrial decline in the latter half of the 19th century by becoming the world's preeminent bankers, and invisible exports of financial and shipping services alone kept the United Kingdom ‘out of the red.’
Read more about this topic: Rise Of The New Imperialism
Famous quotes containing the words united and/or kingdom:
“In the larger view the major forces of the depression now lie outside of the United States, and our recuperation has been retarded by the unwarranted degree of fear and apprehension created by these outside forces.”
—Herbert Hoover (18741964)
“The masses of the sea
The masses of the sea under
The masses of the infant-bearing sea
Erupt, fountain, and enter to utter for ever
Glory glory glory
The sundering ultimate kingdom of genesis thunder.”
—Dylan Thomas (19141953)