169k views
3 votes
What factors allowed the development of industrialization?

1 Answer

4 votes

Political stability: Countries that industrialized did so in a political environment in which the government provided stability and law.

Available work forces: Industrialization required large numbers of available workers who no longer lived in rural areas.

Natural resources: Industrialization required countries to possess natural resources such as steel or coal or to have access to these resources through their colonies.

Expanding economy: The process of industrialization required the availability of ready capital to start new businesses.

User Alek Sobczyk
by
5.4k points