Kapitel 136: Chapter 23: Core Industries

What should be the focus of industrial development in Austria?

Franz still had no answer. The resources of the Austrian Empire were still plentiful, and at the early stage of industrialization, there was almost nothing it lacked.

Historically, from Austria to the Austro-Hungarian Empire, there was no colonial expansion, which was related to the abundance of domestic resources.

Of course, this was only the case in the early stages. From a development perspective, the domestic resources of Austria were no longer sufficient.

Take the steel industry as an example. In the era when the annual steel production of various countries reached tens of thousands of tons, hundreds of thousands of tons, or even millions of tons, Austria did not lack resources. It could barely keep up during the ten-million-ton era, but once it entered the era of tens or even hundreds of millions of tons, it would be very difficult to sustain.