- Cheap and abundant supply of iron, water-power, and coal
- Great number of streams used for water-power andcanals which were used for inland navigation
- Abundance of well-situated ports such as Liverpool which were able to export and import goods easily
- Plentiful supply of timber which was used for building purposes
- Introduction of the railway added to the transportation of goods and raw materials
- Excellent commercial position- situated between north and south Europe and was enhanced by its command of the seas and security from invasion
- Ports had access to every quarter of the world
- A temperate climate and a hardy race of men contributed to promote industry
- Secure personal liberty and property promoted free enterprise and capitalism
- Surplus of capital promoted entreprenuerial spirit
- Tolerance of all people adds to work force
- The recent Napoleonic wars did not hinder manufacturing improvement and therefore England was left without a competitor
Wednesday, January 19, 2011
"Britain's Industrial Advantages and The Factory System" by Edward Baines
Reasons for the success of Industrialism in Great Britain:
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