Editing Economy of Luxembourg (section)

==History==
From 1715 to 1791, Luxembourg was under Austro-Hungarian rule.<ref name=":2">{{Cite journal |last=Schifano |first=Sonia |last2=Paccoud |first2=Antoine |date=2024 |title=The Distribution of Land in Luxembourg (1766–1872): Family-Level Wealth Persistence in the Midst of Institutional Change |url=https://www.cambridge.org/core/journals/journal-of-economic-history/article/distribution-of-land-in-luxembourg-17661872-familylevel-wealth-persistence-in-the-midst-of-institutional-change/3184D5D6BA7CD9D8A86748DA2954E864 |journal=The Journal of Economic History |language=en |doi=10.1017/S0022050724000421 |issn=0022-0507|doi-access=free }}</ref> At the time, it was predominantly rural.<ref name=":2" /> It has been described as largely isolated.<ref name=":2" /> It had no road connections to Brussels, which limited its ability to trade with neighbors.<ref name=":2" /> Towards the end of the 18th century, long-distance paved roads were constructed, which integrated Luxembourg with neighboring markets.<ref name=":2" />

The first land survey in Luxembourg was conducted after a decree by Maria-Theresa in 1766.<ref name=":2" /> The land survey was part of a broader reform effort to abolish certain feudal privileges and encourage more egalitarianism.<ref name=":2" />

Full abolition of feudalism in Luxembourg took place in 1795 when Luxembourg was made part of the French revolutionary regime.<ref name=":2" /> It was part of Napoleonic France until 1815 when the [[Congress of Vienna]] gave the Eastern part of Luxembourg to Prussia while the remainder formed the Grand Duchy of Luxembourg under Dutch rule.<ref name=":2" /> Under Dutch rule, new taxes and customs tariffs were introduced, which harmed commerce in Luxembourg and contributed to it remaining a rural country.<ref name=":2" />

The 1839 Treaty of London divided part of Luxembourg into a province of newly independent Belgium while the remainder became the independent Grand Duchy of Luxembourg.<ref name=":2" /> During the first half of the 19th century, Luxembourg remained rural, although there was an emergence of a textile industry.<ref name=":2" /> In the second half of the 19th century, Luxembourg developed a steel industry, which would become the dominant sector.<ref name=":2" />