Industrial Revolution, term usually applied to the social and economic changes that mark the transition from a stable agricultural and commercial society to a modern industrial society relying on complex machinery rather than tools.
Why did the Industrial Revolution begin in Great Britain?
The industrial revolution began in Britain because it had all the factors of production. The first factor of production Britain had was LAND. Land provides natural resources such as gold, oil, water, and lumber. The second factor of production Britain had was LABOR. Labor is the human effort used in production, and this human effort is based on the population. Third, CAPITAL was in abudance which means there was not only a lot of money, but there was many tools/goods used in production. Next, there was a high DEMAND for products. Since the demand was so high, the prices raised. TECHNOLOGY became more and more advanced through the years, and Britain made many advances in technology such as railroads. Lastly, INFRASTRUCTURE was built and advanced during this period. The basic physical systems, such as roads, railways, and canals supported the high population of the community.
Why did the Industrial Revolution begin in Great Britain?
The industrial revolution began in Britain because it had all the factors of production. The first factor of production Britain had was LAND. Land provides natural resources such as gold, oil, water, and lumber. The second factor of production Britain had was LABOR. Labor is the human effort used in production, and this human effort is based on the population. Third, CAPITAL was in abudance which means there was not only a lot of money, but there was many tools/goods used in production. Next, there was a high DEMAND for products. Since the demand was so high, the prices raised. TECHNOLOGY became more and more advanced through the years, and Britain made many advances in technology such as railroads. Lastly, INFRASTRUCTURE was built and advanced during this period. The basic physical systems, such as roads, railways, and canals supported the high population of the community.
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