Chapter 208: Financial Markets

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With the outbreak of the second industrial revolution, the total industrial output of countries grew exponentially, and the demand for markets and industrial raw materials increased day by day.

The Vienna Government was eager to promote free trade, not only for domestic economic development but also for undisclosed strategic purposes.

Once the era of free trade began, Austria, which held an advantage in emerging industries, was bound to amplify this advantage and set higher barriers for newcomers.

If progress went smoothly, in the near future, the following scenario would emerge: the United Kingdom dominating the traditional industries of textiles and shipbuilding, while Austria took the lead in the emerging industries of electricity, communications, and internal combustion engines.