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Why did the industrial revolution take place in British ahead of other European countries?

Why did the industrial revolution take place in British ahead of other European countries?

Answers

Isaac
Why did the industrial revolution take place in Britain ahead of other European countries?

i) Britain had ready markets for her industrial products within the British empire,

ii) The empire was also a source of raw materials for industries in Britain,

iii) She had large reserves of coal which was used as a source of industrial energy

iv) She had a well established cottage industry which provided a basis for the industrial growth,

v) Some of the inventions that accelerated industrialization were made in Britain,For example the steam engine

vi) There existed a class of rich businessman who were keen to invest in the industries,

vii) Availability of labour following the displacement of peasant as a result of the Agrarian revolutions/ unskilled labour

viii) Agrarian revolution led to production of adequate food for the industries workers

ix) Existence of well developed banking and insurance systems which advanced loans to entrepreneurs

x) Protection of her trading ships from piracy by her strong navy,

xi) Britain had well developed transport system both land and water,

xii) Availability of skilled labour

xiii) Britain had enjoyed a relatively long period of peace and stability/strong leadership

xiv) The policy of free trade

xv) No internal custom barriers
isaacmuthini answered the question on October 19, 2017 at 06:19

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