Monday, November 3, 2008
Industrial Revolution
The Industrial Revoultion began in Europe for several reasons. For one, it had all the resources nessesary to start a life moving expirence. It had resources such as coal, iron, rivers and harbors which were all immensely helpful. Also the economy in britan was expanding and increasing which had a monumental effect on the investment. Aswell Britan had all the factors of production needed to start an investment like this. It had land, labor, capital, infrastructure , demand and technolgy. These factors helped with trade as well as they had a suficent amount of workers to keep things going. With these resoucres they were able to make more goods which attracted more consumers which increased the amount of workers.
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