Industrial revolution causes of Surplus Capital
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The important reasons that explain why the Industrial Revolution started in England were: Surplus Capital – Economic growth and an increased overseas trade led to an accumulation of enormous wealth in England. This surplus capital was used in the development of new industries and setting up of new factories.
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A person had to have a lot of capital to buy machines and open a factory. ... Thus, capital increased far more rapidly than it ever had before. Much of it was invested in building canals, railroads, and steamships and in developing foreign trade.
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