1. THE INDUSTRIAL REVOLUTION IN GREAT BRITAIN

2. NEW MACHINE, NEW WAYS OF DOING THINGS
During the 1700’s, inventors were building new machines
Inventors were discovering new ways of powering these machines
Society was transformed by this period beginning in the mid-1700’s called the Industrial Revolution

3. The IR started in Great Britain in the mid-1700’s
Why there?
INCEPTION

4. LABOR SUPPLY Large number of able workers
Where did these workers come from?
LABOR SUPPLY

5. NATURAL RESOURCES
Britain had two important mineral resources that made the IR possible:
Coal and Iron Ore
Cotton and other resources were imported from England’s colonies

6. INVESTMENT CAPITAL
Great Britain had capital (money and goods) to invest in new industries
This money came from wealthy landowners and merchants

7. ENTREPRENEURS
England was home to many entrepreneurs, who saw the IR as a way to make a lot of money very quickly
Entrepreneurs would:
Build factories, develop new ways of producing goods, search for new markets to sell goods, and provide financial backing to inventors

8. TRANSPORTATION
England is an island so there are a number of harbors, making it much easier to transport materials in and manufactured goods out of the country
Britain’s powerful navy was able to protect British merchant ships

9. MARKETS
England and its colonies made for a perfect market for the newly mass-produced goods of the IR
As more goods needed to be produced, more jobs were created and more people had money to spend on factory- made products

10. The British government did a lot to encourage the IR
Parliament passed laws to protect businesses and help them to expand
GOVERNMENT SUPPORT

11. REVIEW Why did the IR begin in Great Britain? Are these good reasons?
Could it have started anywhere else? Why?