Factors that led to the Industrial Revolution in Britain

////Factors that led to the Industrial Revolution in Britain

Factors that led to the Industrial Revolution in Britain

Steam train

ZIMSEC O Level History Notes:Industrial Revolution in Britain:Factors that led to the Industrial Revolution in Britain

  • The Agrarian revolution led to the accumulation of financial resources which were needed for the Industrialization
  • The new capital from India and West Indies was readily available for industrial investment
  • Many banks in Britain were offering loans to those who were interested in investing in industrialization
  • The Agricultural Revolution also provided a lot of food an raw materials needed fro industrialization
  • The need to transport produce from the Agrarian Revolution led to the improvement of road networks and other means of transportation such as railways steamships
  • This means of transport then helped in the industrialization as raw material and equipment could be transported easily
  • There was peace in Britain as it had dealt with feudal conflicts and peace ensured stability and industrialization
  • The were readily available raw materials like coal, iron, gold, amongst others
  • Innovation and the need to explore also lead to the invention of many machines and ideas which were useful for industrialization for example, the drill
  • The Age of Walpole (1715-1733) which saw the removal of import and export duties led to the rise in the demand of goods made in British industries abroad
  •  Cheap labour was also readily available from people retrenched from many farms as the Agrarian Revolution was coming to an end
  • There was also a readily available market for goods produced in British factories in abroad
  • Some historians argue that the cost production was cheaper a energy was cheap in Britain
  • Population growth in high social classes led to the spread of their ideas as their children moved to every part of Britain

To access more topics go to the History Notes page.

By |2017-02-08T07:43:36+00:00February 8th, 2017|Notes, O Level History Notes, Ordinary Level Notes|Comments Off on Factors that led to the Industrial Revolution in Britain

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