Why Great Britain Started the Industrial Revolution
Natural Resources
Labour
Enclosure movement
Population growth on the base of 18th century population explosion
Better forms of transportation (such as the railway) allowed people to migrate to
cities...by 1850, one-half of the population of England and Wales and one-quarter
Capital
The I.R. grew on inself
Money made in early industries (textile, iron-making,
etc.) was reinvested
Markets
US and Canada demanded British products
The end of the F.Revolution and wars of Napoleon
opened the continent up to British products
The Latin American wars of independence opened the markets of
Central and South America
Through its control of India, Britain commanded the markets of Southern Asia
Transportation
Canals
Railways: 1830s and 1840s were the great age of railway building
Entrepreneurship
Strong middle class
Liberal nobles who were willing to invest in new ventures