Factors+for+the+Industrial+Revolution+In+Great+Britain

Nina von Nyssen

Discuss the combination of social, cultural, political, and economic factors that allowed Great Britain to be the first nation to industrialize. Thesis: Great Britain was the first nation to industrialize because of the growing population with money to spend, a culture that supported science, steady parliamentary support, and an economic system that provided plenty of capital.  Social Factors: · Because of the agricultural revolution, Britain’s families could spend money on more than food · Rapid population growth · The merchant class were continuously getting richer · The public was inspired by John Wesley who preached hard work and self sacrifice Cultural factors: · An entrepreneur society · Scientific culture (i.e. James Watt) Political Factors: · Parliament created a stable political climate · Passed laws that protected private property · Parliament barely restricted private entrepreneurs · Installation of turnpikes for road improvement <span style="font-family: "Times New Roman","serif";">Economic Factors: · <span style="font-family: "Times New Roman","serif";">Had money for investment because of a strong, centralized bank · <span style="font-family: "Times New Roman","serif";">Flexible credit facilities · <span style="font-family: "Times New Roman","serif";">Profits from trade · <span style="font-family: "Times New Roman","serif";">No internal customs · <span style="font-family: "Times New Roman","serif";">Many ready markets in the Americas, Africa, and the East · <span style="font-family: "Times New Roman","serif";">Colonies provided necessary raw materials · <span style="font-family: "Times New Roman","serif";">Textile industry · <span style="font-family: "Times New Roman","serif";">Inventions of spinning jenny, steam engine, water wheel

<span style="font-family: "Times New Roman","serif";">Citations: <span style="color: black; font-family: "Times New Roman","serif";">Jacob, Margaret C. "Industrial Revolution." //<span style="color: black; font-family: "Times New Roman","serif";">World Book Advanced //<span style="color: black; font-family: "Times New Roman","serif";">. World Book, 2011. <span style="color: black; font-family: "Times New Roman","serif";">Web. 26 Apr. 2011. <span style="color: black; font-family: "Times New Roman","serif";">Morrill, John S. "United Kingdom, History of the." //<span style="color: black; font-family: "Times New Roman","serif";">World Book Advanced //<span style="color: black; font-family: "Times New Roman","serif";">. World Book, 2011. <span style="color: black; font-family: "Times New Roman","serif";">Web. 26 Apr. 2011. <span style="font-family: "Times New Roman","serif";">