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After 1629 population growth was very rapid due to high birth rates (8 children per family versus 4 in Europe) and lower death rates than in Europe, in addition to immigration. [ 5 ] : 1 The long life expectancy of the colonists was due to the abundant supplies of food and firewood and the low population density that limited the spread of ...
Inflation had fallen to 3.7%, while interest rates were relatively high at 9.56%. [73] The increase in unemployment was largely due to the government's economic policy which resulted in the closure of outdated factories and coal pits. Manufacturing in England and Wales declined from around 38% of jobs in 1961 to around 22% in 1981. [74]
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