Industrial growth in Denmark, 1872–1913 — in relation to the debate on an industrial break-through

Abstract

The industrialisation process in Denmark between the middle of the last century and the First World War can be seen as the result of a serie of fundamental structural changes in the economy and in the society in general. These changes, by establishing a certain institutional economic framework, created the conditions for an expanding capitalist economy which has been characteristic of the country's economic development since. From this perspective it is interesting to demarcate the period when the industrial break-through occured.