Question

Why did the Industrial Revolution begin in Britain in late 18th Century?

O it had high taxes and heavy government regulations
O the capitalist economy had been growing and there was money to invest in factories and mines
O Both
O Neither

Answer 1

The Industrial Revolution began in Britain in the late 18th century due to a combination of factors including a growing capitalist economy, abundant natural resources, and a stable political and legal system.

Step-by-step explanation:

The Industrial Revolution began in Britain in the late 18th century for a combination of reasons. One of the main factors was the development of a capitalist economy, which provided the necessary funds for investment in factories and mines. This capitalist economy was facilitated by the growth of trade and overseas colonies, which brought wealth to Britain.

Additionally, Britain had a head start in industrialization due to its abundant natural resources, such as coal and iron ore, as well as its geographical location that provided access to raw materials and markets.

Furthermore, Britain had a stable political and legal system, which promoted entrepreneurship and protected property rights, making it an attractive environment for investment.

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