Factors That Contributed To Industrial Revolution In Britain Essay

Factors That Contributed To Industrial Revolution In Britain - Essay Example substantial conditions that favored the growth of industrialization in Europe include capitalism, a growth of population, peace and increase cross-border markets for industrial goods. Capitalism encouraged people to own private property and make beneficial contracts among themselves. They cognise that there was the need to work harder with the objective of acquiring to a greater extent property. Capitalism was a motivation that heighten peoples desire towards making inventions since it was the only way towards wealth accumulation. The growth of population in Britain provided the necessary labor for industries and guaranteed a local market for goods and services. Increased labor and demand constituted the essential motivators for an industrial revolution. Britain peace and tranquility prevailed in Britain this provided a favorable environment for industrial growth. Industrial investors no longer feared des truction of their property caused by conflicts and wars. People, therefore, volunteered to install machinery for industrial production with no fear of evil activities. International demand for industrial goods was increasing at high rates as people desire to make their lives easy through the use of machinery. This provided opportunities for marketing Britains industrial goods. Increased markets encouraged more production and accelerated industrial revolution. Industrial revolution marked a major turning exhibit in history because it influenced approximately all aspects of peoples daily lives.