The British Industry
The British Industrial Revolution
As we all know, Industrial Revolution, which played a very important role in the world, especially in the 18th-19th Century, first started in Britain. It’s not a coincidence. Britain had several conditions, which no longer country could match.
First, Britain’s population grew fast in the second half of the 18th century and people were skilled in many different crafts and trades. This helped to increase labor supply and consumer demand. Second, Britain had a lot of and enough to start Industrial Revolution money that earned by its foreign trades, slave trades and Enclosure Movement. Third, the most important, the British Bourgeois Revolution had been successfully. The British Feudal Class gave way to Bourgeois who had enough political and economic power to develop Bourgeois economy. These prerequisites made Britain become the first country in the world to start Industry Revolution.
Kay’s flying Shuttle, Hargreaves’s spinning jenny,......
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