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Why Great Britain Started the Industrial Revolution
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Why Great Britain Started the Industrial Revolution
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p_c
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Why Great Britain 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 and one-quarter of the population of France and Germany had become town-dwellers
Captial
IR grew on itself
money made in early industries (textile, iron-making, etc.) - reinvested
Markets
end of French Revolution and wars of Napoleon opened continent up to British products
Latin American wars of independence opened markets of Central and South America
US and Canada demanded British products
through its control of India, Britain commanded markets of southern Asia
Transportation
canals
railways
1830s-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 Parilament
few laws to limit what entrepreneurs could do
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