kq1- key stats

how many banks were in the country by 1784?

119 excluding those in london

what did the number of banks expand to in 1808?

800

when could county banks issue notes?

1797

when was the clause in the bank of england charter removed?

1826

when and what was the act of parliament?

1833- permitted joint stock banks in london to issue cheques which efficiently increased transaction speed

when was the first joint stock banks made?

1826- lancashire banking company

joint stock bank growth by 1866

154 with 850 branches nationwide

industrial middle class population increase

1815-31- up 75%

when was arkwrights water frame made?

1769

when was samuel crompton’s spinning mule made?

1779

what was the cotton prosperity?

• 1761- over 3 million pounds of cotton wool imported

• 1833- over 300 million pounds imported

  • employed 833,000

arkwright’s life

• 1786- knighthood

• 1792- died with £500,000 fortune

when was the manchester liverpool railway built?

1830

when was the steam engine introduced?

1769

how many steam engines were introduced by 1800?

500

how did coal production increase?

1750-1800- increased from 6 to 10 million tonnes

manchester population growth

• 1772- under 25,000

• 1831- had population of 182,000

when was the first railway made?

1820s- stockton and dartington