Thesis: Because of its already prosperous economy consisting of a network of colonies and control of trade overseas and social conditions including the agricultural revolution and general enthusiasm for progress, England became the first country to industrialize.
Economic
- England was already very rich -> had enough capital to subsidize advancements in technology, i.e. agricultural technology
- Wealth and parliament was concentrated in the landowners which, after the agricultural revolution, provided favorable conditions for industrialization
- England controlled trade with their powerful navy and trade regulations
- Colonies provided both a market and a resource for raw materials
- Mobile Labor - agricultural revolution created more jobless people who sought jobs elsewhere
Social
- Landowners had a large influence in Parliament
- Agricultural Revolution brought many favorable conditions for industrialization
- Food production rose -> larger population
- Ag. Rev. provided for more capital
- general lack of war
- England moved towards encouragement of secure private property
- enthusiastic attitude overall towards advancement and industrialization
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