“…high quality mechanical parts and textiles, see below), slow spread of railways, a strong dependence upon foreign labor, limited geochemical natural resources, such as coal, a high rate of international investment, a geographical concentration of economic activities in micro-units, and a very high level of industrialization (Butler et al, 2000;Steinberg, 1996). In fact, by 1850, Switzerland ranked fourth in the level of industrialization behind the United Kingdom, Belgium and the United States (Siegenthaler, 1972). Railway systems developed quickly in the mid 19th century in other early industrializers, but lagged in Switzerland, even in comparison to other aspects of economic growth.…”