HISTORY
THE INDUSTRIAL REVOLUTION
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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powerful guilds of skilled craftsmen
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extensive deposits of natural resources
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trade pacts with foreign nations
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well-established labor unions
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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: -Some of the main reasons for the Industrial Revolution to begin in England are: It had banks of raw materials from its colonies under the British crown. It had a well developed banking system that encouraged the wealthy to invest in infrastructure and anyone who wanted to run their own business.
Detailed explanation-3: -natural resources were plentiful in Britain. The country’s rivers provided water power for the new factories and a means for transporting raw materials and finished products. Britain also had abundant supplies of coal and iron ore.
Detailed explanation-4: -The first main cause was the emergence of capitalism as an economic theory, since it helped wealthy individuals to start their own businesses. The next major cause was the expansion of European imperialism around the world.
Detailed explanation-5: -England had rich natural resources in the form of coal and iron mines. Coal was a valuable source of energy to fuel machinery, and iron was used to make machines and products, such as tools and cookware.