During this period, the agrarian European and American rural societies became urban as well as industrialized. Before industrial revolution began in Britain in the late 1700s, all manufacturing was home made by…
Download file to see previous pages...
The industrial revolution brought about the invention of iron and textile industries as well as the steam engine that were the central roles of the revolution. Britain is known to be the leader in the industrial revolution as most of the industrial revolution revolves around it. It is also known that Britain maintained much authority over the revolution period and controlled the economic and political structures of many states. From this perspective, it is clear that Britain had much control over the industrial revolution due to various reasons.
A number of reasons have been tabled down backing up Britain’s dominance in the Industrial Revolution. Some are geographical while others seem to e social-political in nature. On the geographical factors, Britain had huge coal deposits that were used to power the newly invented machines (Dunn and Laura, 25-28). The other geographical factor was that Britain had many waterways. Most of the rivers in the country were navigable, and much of the coal deposits were near these rivers. Also, the country had many and long coastlines that made transportation easier through the water. Therefore, the availability of both coal and waterways enabled extra coal extraction and transportation in the country possible. The other factor that made Britain dominate during the Industrial Revolution was the fact that it had created a huge empire for itself overseas. All British Empire were used to provide raw materials that were used in the Britain mills. On the other hand, these empires had been made captive markets by the Britain for its finished products. For instance, the British had captured most of the Asian countries creating a free market for raw materials. Also, it had made it impossible for these countries to build their industries so that it could dominate the market (Dunn and Laura, 28-33). Any country that resisted Britain’s dominance faced the risk
...Download file to see next pagesRead More
A better understanding of the physiology of health includes answering the following questions: 1. Explain homeostatic mechanism? 2. Describe how homeostatic mechanism work to regulate osmoregulation and thermoregulation process? 3. Explain the function of cardiovascular and respiratory system in regulating body mechanisms?
Marx observed the class struggle in which the oppressed reacted against the oppressors. He also described the victory of one class as a pavement to future freedom of the rest of the society and the generations to come. In the past Britain history, several groups emerged each claiming the authority over the other.
Writing Assignment One Name Professor Institution Course Date Undeniably, Connecticut’s school shooting incidence compelled US and varied respective authorities yield to devising effective measures meant to tighten gun laws among its citizens. This is to shun similar occurrences occurring in the future besides inducing sanity in both handling and usage of firearms or ammunition.
This necessity led to industrialization or what is known as import substitution industrialization. ISI led to the development of industrial base in the country. ISI allowed the local supply of consumer goods, difficult to be imported at extremely high rates prevalent in the world after the Second World War.
These factors affect and determine the rates of industrialization for a particular country. This explains the reasons as to why there are varying levels and rates of industrialization in different countries all over the world. For instance, states like the US and Germany have made considerable strides in industrialization and these are comparable to other countries such as the Soviet Union, Japan, China and the UK.
The leading people of the country used this as an opportunity to encourage and develop the manufacturing industry to a great extent. The industrialization had led to the United Stated becoming relatively more vigorous than what it had been
Many people were employed in the manufacturing companies that were expanding rapidly. The new industries employed close to 10 million people in the early 20th century. Even though employment opportunities were created through the development of
In 1850, population in Australia increased rapidly because of the gold rush. It increased from about 400,000 to 1,150,0002. There are two main reasons for the growth of manufacturing in Australia. First, it was stimulated by the expanding population during
The price of the company’s stock should be affected by its quality of internal control system. A company associated with a poor internal control system poses a risk to the investor due to the unreliability of information. Such a risk would require a considerable return on investment, which imposes low prices of the stock.
As part of the main discussion, this report will describe and evaluate the main macroeconomic policies used by both the British Government and the Bank of England. Furthermore, real-life economic situations that