name four factors that give an idea of the pace of industrialization in the initial stages.
Answers
Cotton and Metal Industries were the main heavy industries during the initial stages of industrialisation.
InSpite of new modernization, traditional industries dominated production activities and the engagement of labour force.
Invention of steam engine led to the manufacture of several innovative products introduced during the initial stages of industrialisation.
Industrialisation progressed at a very slow pace due to defects in the Machines and high cost of repair.
Many producers were still ignorant about the use of these machines.
The four main factors that mark the start of an industrial era of the world are:
• Agricultural revolution happened due to the increase in food production and population.
• Financial innovation happens when the stock market, banks, etc. started to develop with new technologies and trading.
• Coal and iron production with the mining.
• Cottage industry due to the transition of the rural to an industrial economy.