Final answer:
Great Britain had a specific type of land that provided advantages for industrialization, and its labor force consisted of low-wage servants and imported slaves. The country's wealth was the result of having all the factors of production in place, including stable government, necessary capital, and a colonial empire for raw materials and markets.
Step-by-step explanation:
Great Britain had a specific type of land that played a significant role in its industrial revolution. Its geographical location provided natural ports and navigable rivers, which facilitated trade and transportation. Additionally, the country had abundant natural resources like coal and iron, which were crucial for industrialization.
The labor force in Great Britain consisted of low-wage servants and imported indentured servants, but when the demand for workers exceeded the availability, they turned to imported slaves. The availability of a workforce was essential for the growth of industries.
Great Britain had so much wealth because it had all the factors of production in place: land, labor, capital, and entrepreneurship. The country's stable government played a crucial role in promoting economic growth, and the Bank of England provided necessary capital and currency to support industrialization. Great Britain's leadership in industrialization was also due to its colonial empire, which supplied raw materials and markets for finished goods.