Why Great Britain Started the Industrial Revolution

Natural Resources
1. Coal, iron, ore etc.
Labour
1. enclosure movement
2. population continued to grow
3. better forms of transportation enabled people to migrate to the cities
Capital
1. IR grew on itself
2. money made in early industries was reinvested
Markets
1. end of french revolution and napoleonic wars opened continent up to british products
2. latin american wars of independence opened markets of south and central america
3. the US and Canada demanded british products
4. britain commanded the markets of southern asia through its control of india
Transportation
1. canals
2. railways
Entrepreneurship
1. strong middle class
2. liberal nobles who were willing to invest in new ventures
Government Support
1. strong navy to prevent merchant ships
2. commmercially minded government
3. few laws to limit what entrepreneurs could do

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	Creado por briannaclark hace más de 9 años