| http://www.w3.org/ns/prov#value | - Britain's competitive position eroded in basic industries such as iron, coal, and textiles, where it had led the world in 1880; more seriously, British industry failed to invest adequately in the new industries that made possible the so-called "second industrial revolution???electrical products, steel, specialty steel, mass-produced machinery, industrial chemicals, and pharmaceuticals (Paul Kenne
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