Why Great Britain Started the Industrial Revolution

Mind Map by jgoodridge, updated more than 1 year ago
Created by jgoodridge over 6 years ago


Why Great Britain Started the Industrial Revolution

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Why Great Britain Started the Industrial Revolution
  1. Natural Resources
    1. Labour
      1. Enclosure movement
        1. Population growth on the base of 18th century population explosion
          1. 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
          2. Capital
            1. The I.R. grew on inself
              1. Money made in early industries (textile, iron-making, etc.) was reinvested
              2. Markets
                1. US and Canada demanded British products
                  1. The end of the F.Revolution and wars of Napoleon opened the continent up to British products
                    1. The Latin American wars of independence opened the markets of Central and South America
                      1. Through its control of India, Britain commanded the markets of Southern Asia
                      2. Transportation
                        1. Canals
                          1. Railways: 1830s and 1840s were the great age of railway building
                          2. Entrepreneurship
                            1. Strong middle class
                              1. Liberal nobles who were willing to invest in new ventures
                              2. Government Support
                                1. Strong navy
                                  1. Commercially minded Parliament
                                    1. Few laws to limit what entrepreneurs could do
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