Industrial Revolution started in Britain. There are many factors that helped Britain to become the first industrial nation.
1. Political stability: As England, Wales and Scotland came together under a single long, there has been political stability in Britain since the 17th century. The country had common laws and a unified currency system. The market in the country had a national character. Since regional authorities did not impose taxes on goods, there ‘ was no price increase. This kind of political stability helped Britain.
2. Wide use of money: Since the 17th century, money had been used extensively as a means of transaction. With this, a lot of people began to get cash as wages and salaries instead of goods. By using this cash, people could buy any goods of their choice. This enlarged the market and it helped the Industrial Revolution.
3. The Influence of the Agricultural Revolution: Prior to the Industrial Revolution, there was an agricultural, revolution in Britain. Big landowners bought the small pieces around them and enclosed the fields with fences. Thus there were big estates that helped in the increased production of foodstuff. The people who earned their livelihood by grazing cattle in the open fields could not continue to do so and they became jobless. They went into big cities seeking jobs. By providing raw materials and labour, the agricultural revolution helped the Industrial Revolution.
4. Cities, trade and wealth: The growth of cities and trade and the availability of wealth helped the Industrial Revolution. From the 18th century, cities have been growing in Europe. Out of the 19th metropolises, 11 were in Britain. London was the biggest. London became a center of all the markets in the country.
