What can you conclude about steel consunption and population size in 1850?
1 answer
Based on the information provided, we can conclude that there is a positive correlation between steel consumption and population size in 1850. This is supported by the fact that both steel consumption and population size significantly increased over time in the dataset. This suggests that as the population size grew, the demand for steel also increased, potentially due to the need for infrastructure development, industrialization, and urbanization to support a larger population.