Factors that lead to industrialization in Britain
Answer Text: INDUSTRIALIZATION IN BRITAIN.- This change, which occurred between 1750 and 1830, happened because conditions were perfect in Britain for the Industrial Revolution.- The transformation was facilitated by the following factors:(a) Availability of coal and iron ore which served as a basis for heavy industries. Coal was a source of energy for use in the industries.(b) The agrarian revolution ensured that important raw materials were available for theindustries and also made food more available for the many factory centres.(c) Existence of a large population which provided steady internal market for the manufactured goods/domestic local markets.(d) Existence of cottage industries which acted as a base for industrial take-off in Britain.(e) Due to the enclosure act, many peasants became available to offer unskilled labour especially following their displacement from the rural areas.(f) Political stability and strong leadership that existed at the time created a conducive environment for investments when compared to other European countries.(g) g) Well developed transport and communication network e.g railway, canals, bridges, harbours and roads which promoted industrialization.(h) h) Existence of good banking and insurance systems which gave financial help and security to the industries.
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