Gil Hahn

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Rising population—there was a 35 per cent increase in Austria-Hungary between 1880 and 1910, 43 per cent in Germany, 26 per cent in Britain, over 50 per cent in Russia—sharply enlarged the size of internal markets; emigration—twenty-six million people left Europe for the Americas and Australasia in 1880–1910—increased demand for goods there also, while the enormous expansion of overseas empires, formal and informal, in Africa and Asia, drew millions of their inhabitants into the international market, both as suppliers of staples and consumers of finished goods.
The First World War
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