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In the industrial revolution, farmers could move to the city and get a job in the factory.

Not true. The Industrial Revolution was preceded (in England) by an Agricultural Revolution that displaced peasants in large numbers to cities where they didn't have nearly enough work. (Many emigrated to the New World.)

Thus the later economic boom was preceded by economic hard times.



So maybe one significant difference is that this time, there isn't a new frontier for people in developed countries to immigrate to.




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