Question

How did the political stability of England contribute to the advent the industrial revolution ?​

Answer 1

Answer:

People could take out loans because of the political stability, which led to entrepreneurs building new machines and expanding their firms.

Explanation:

Natural resources - coal and iron, two of the most essential raw materials used to manufacture goods during the early Industrial Revolution, were plentiful and easily accessible in Britain. Political stability - During this time, Britain's political growth was relatively steady, with no major internal upheavals. People could take out loans because of the political stability, which led to entrepreneurs building new machines and expanding their firms.

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Answer 2

The political stability of England contributes to the advent of the industrial revolution as follows:-

• The emergence of industrialisation was largely dependent on capitalism. Laissez-faire capitalism is the name historians give to the type of capitalism that was prevalent during the Industrial Revolution.
• Mercantilism is typically thought of as an economic system that emphasised strict government regulation and control. Absolute monarchs ruled over vast empires and had near-total economic control during the mercantilist era.
• During the Age of Imperialism, the European nations received a vast supply of raw materials from the colonies, which they subsequently utilised to manufacture commodities in the factories. For instance, during this period, the Trade Triangle emerged in the Atlantic Ocean.

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