ECONOMICS
ECONOMIC DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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excellent access to cheap raw materials, water power, iron ore, and coal
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excellent access to external markets, iron ore and steel
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excellent access to mineral and geologic deposits
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excellent access to cheap labor and local textile inputs
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Detailed explanation-1: -Many different factors contributed to the rise of the Industrial Revolution in Britain. The new inventions, access to raw materials, trade routes and partners, social changes, and a stable government all paved the way for Britain to become an industry-driven country.
Detailed explanation-2: -29.390) The most important of the changes that brought about the Industrial Revolution were (1) the invention of machines to do the work of hand tools, (2) the use of steam and later of other kinds of power, and (3) the adoption of the factory system.
Detailed explanation-3: -The development of trade and the rise of business were among the major causes of the Industrial Revolution. The Industrial Revolution marked a major turning point in history.
Detailed explanation-4: -industrialization. These resources included coal, water, iron ore, rivers, harbors, and banks Britain also had all the factors of production that the Industrial Revolution required. These factors of production included land, labor (workers), and capital (wealth).