Buy custom The Economic Underpinnings Of The First Industrial Revolution In Engla
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This was because the home
market created greater urbanization and thus the need for coal in urban England
grew. The military sector of the economy provided some of the key technological
innovations that promoted industrialization. And the home market that was
produced by the cotton textile trade promoted improvements in infrastructure and
spurred other industries to develop...
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The manufacture of military munitions and the development of a home
market were critical underpinnings of the first industrial revolution in Britain.
Military manufacturing supported by the British Government contributed directly
to technological innovation and spurred industrialization. This is because the
companies that choose to fulfill the government contracts to make military
munitions found money could be made if new processes and technology was
developed to fulfill the huge contracts...
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