Mindmap
Why Great Britain Led the Industrial Revolution
Inhalt der Mindmap
Why Great Britain Led 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 and one-quarter of the population of France and Germany had become town-dwellers
Capital
- The Industrial Revolution carried a domino-like effect. With one advance came another, which led to another in turn.
- Profit made in early industries (e.g. textile, iron-making, etc.) was reinvested
Markets
- The end of the French Revolution and the Napoleonic Wars 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 Asia
Transportation
- Canals
- Railways: 1830's and 1840's were the great ages of railroad construction
Entrepreneurship
- Strong middle class
- Adventurous, 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
Informationen
- Beschreibung
- Mindmap am Why Great Britain Led the Industrial Revolution, erstellt von Clarissa Sastrawidjaya am 08/06/2015.
- Erstellt von
- Clarissa Sastrawidjaya
- Aufrufe
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