The economic development of Sheffield and the growth of the town, c.1740-c.1820
In the early eighteenth century Sheffield was a modest industrial town with an established reputation for cutlery and hardware. It was, however, far inland, off the main highway network and twenty miles from the nearest navigation. One might say that with those disadvantages its future looked distinctly unpromising. A century later, Sheffield was a maker of plated goods and silverware of international repute, was en route to world supremacy in steel, and had already become the world's greatest producer of cutlery and edge tools. How did it happen? Internal economies of scale vastly outweighed deficiencies. Skills, innovations and discoveries, entrepreneurs, investment, key local resources (water power, coal, wood and iron), and a rapidly growing labour force swelled largely by immigrants from the region were paramount. Each of these, together with external credit, improved transport and ever-widening markets, played a significant part in the town's metamorphosis. Economic and population growth were accompanied by a series of urban developments which first pushed outward the existing boundaries. Considerable infill of gardens and orchards followed, with further peripheral expansion overspilling into adjacent
Flavell, Neville
History
The economic development of Sheffield and the growth of the town, c.1740-c.1820. In the early eighteenth century Sheffield was a modest industrial town with an established reputation for cutlery and hardware. It was, however, far inland, off the main highway network and twenty miles from the nearest navigation. One might say that with those disadvantages its future looked distinctly unpromising. A century later, Sheffield was a maker of plated goods and silverware of international repute, was en route to world supremacy in steel, and had already become the world's greatest producer of cutlery and edge tools. How did it happen? Internal economies of scale vastly outweighed deficiencies. Skills, innovations and discoveries, entrepreneurs, investment, key local resources (water power, coal, wood and iron), and a rapidly growing labour force swelled largely by immigrants from the region were paramount. Each of these, together with external credit, improved transport and ever-widening markets, played a significant part in the town's metamorphosis. Economic and population growth were accompanied by a series of urban developments which first pushed outward the existing boundaries. Considerable infill of gardens and orchards followed, with further peripheral expansion overspilling into adjacent
economic development sheffield growth town sheffield modest industrial_town establish reputation hardware however far inland main network twenty near navigation one_might say disadvantage future look distinctly sheffield maker good international repute route world supremacy steel already become world great producer edge tool happen internal economy scale vastly deficiency skills innovation discovery entrepreneur investment key local_resource water power coal wood iron rapidly grow labour_force largely immigrants region paramount together external credit improve transport ever market play_significant part town metamorphosis economic population_growth accompany series urban_development first push outward exist boundary considerable garden follow peripheral expansion adjacent