Explain five causes of industrial revolution in england
Answers
The five causes for the Industrial Revolution in England are as under:
1. The huge amount of capital available with the European opened avenues for further investment in technology and hence the Industrial revolution came about.
2. The oveseas trade of the Great Britain was rising with time and this forced them to innovate their technology for large scale production.
3. Science was continuously witnessing large scale research and innovations. The need to give practical shape to these research was felt.
4. With the rising production, the need was felt to enhance the market. With this expanding market the available technology would not compete.
5. The most important raw material needed for industrial production like coal and iron were readily available. This facilitated the process of Industrial revolution.
The Agricultural Revolution of the 18th century.
.Favorable financial institutes.
.Advances in transportation.
.A ready supply of mineral resources.
.Legislation favorable to private property.
.A vast colonial market.