Britain had plentiful natural resources, including:

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Presentation transcript:

Britain had plentiful natural resources, including: A number of characteristics made Britain ripe for industrialization in the eighteenth century. Natural ports Navigable rivers Water for canals Access to the sea A plentiful supply of coal Vast supplies of iron Britain had plentiful natural resources, including:

England’s Resources and Industries, 1750

In the 1700s, Britain had skilled inventors, a ready workforce, and a growing population. To meet the growing demand for jobs and products, one more thing was needed: capital, or money to start new businesses. Entrepreneurs needed capital to invest in business enterprises such as shipping, mining, and manufacturing. From the mid- 1600s, England had prospered from trade. A business class had accumulated the needed capital. With a healthy economy, many were now willing to risk their money on new ventures.

Britain had a stable government that supported economic growth. Britain had additional advantages. Britain had a stable government that supported economic growth. The powerful British navy protected shipping and overseas trade.

Machines were too large to put in peasant homes, so they were placed in large sheds along swift-moving rivers, which provided power. Workers came to labor in these early factories. The new machines doomed the putting-out system. Factories brought together workers and machinery to produce large quantities of goods.

Life in the cities Inadequate governments Inadequate housing, Sanitation water, education

Excess population crowd cities in search of jobs Effects of industrialization and Urbanization Excess population crowd cities in search of jobs Urban areas increase size Factories develop near sources of energy Job Specialization

Workers consoled with alcohol-its consequences Working conditions Long hours Low wages Monotonous work Workers consoled with alcohol-its consequences