Mindmap
Why Great Britian Started the Industrial Revolution
Inhalt der Mindmap
Why Great Britian Started the Industrial Revolution
Natural Resources
- (Coal, iron, ore, etc.)
Labour
- Enclosure Movement
- Population continued to grow on the base of the 18th century population explosion
- Better forms of transportation (such as the railway) allowed people to migrate to the cities... By 1850, one-half of the population of England and Whales amd one-quarter of the population of France and Germany had become town dwellers
Capital
- Industrial Revolution grew on itself...
- Money made in early industries (textile, iron-making, etc.) was reinvested
Markets
- In the end of the French Revolution and the wars of Napoleon opened the continent up to British products
- The Latin American wars of independence opened the markets of Central and South America
- The United States and Canada demanded British Products
- Through its control of India, Britain commanded the markets of southern Asih
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
Government Support
- Strong navy to protect merchant ships
- Commercially minded Parliament
- Few laws to limit what entrepreneurs could do
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