Economic History of Scotland - 19th Century

19th Century

Scotland grew steadily in the 19th century, from 1,608,000 in the census of 1801 to 2,889,000 in 1851 and 4,472,000 in 1901. The economy, long based on agriculture, began to industrialize after 1790. At first the leading industry, based in the west, was the spinning and weaving of cotton. In 1861 the American Civil War suddenly cut off the supplies of raw cotton and the industry never recovered. Thanks to its many entrepreneurs and engineers, and its large stock of easily mined coal, Scotland became a world centre for engineering, shipbuilding, and locomotive construction, with steel replacing iron after 1870.

Liberalism emerged from urban Scotland, the free-trade sentiments and strong individualism of entrepreneurs merging with the radical emphasis on education and self-reliance as a means of community betterment. Despite political challenges, especially by the 1900s, these distinctive liberal values remained strong.

Read more about this topic:  Economic History Of Scotland