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chapters 20 21 notes - equipment was also being sold abroad...

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1. Why did the Industrial Revolution begin in Britain? Agriculture and Capital ~Changes in the method of farming and stock breeding ~Rapid growth of population in the second half of the eighteenth century ~Profits from trade and the cottage industry ~An effective central bank and well-developed, flexible credit facilities Nature ~English revolutions of the seventeenth century ~Ample supplies of important mineral resources, such as coal and iron ore ~Britain’s small size ~Nature’s provision of abundant rivers Government ~Private and public investment poured into the construction of bridges and, beginning in the 1750s and 1760s, canals ~Parliament’s providing a stable government and passing laws that protected private property ~Freedom for private enterprise ~A supply of markets 2. Describe how the industrial revolution spread to the continent. Spread of Skill ~By 1825, there were at least two-thousand skilled British mechanics on the Continent, and British
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Unformatted text preview: equipment was also being sold abroad ~Local people learned all the skills their British teachers had to offer by the 1840s ~A new generation of skilled mechanics from Belgium and France was spreading their knowledge east and south Technical Schools ~Continental countries, especially France and the German states, began to establish a wide range of technical schools ~Governments provided for the costs of technical education, awarded grants to investors and foreign entrepreneurs, exempted foreign industrial equipment from import duties, and in some places even financed factories Industrial Government ~Joint-stock investment banks emerged in France and German-speaking lands in the 1850s ~Governments actively bore much of the cost of building roads and canals, deepening and widening river channels, and constructing railroads 3. What role did transportation play in the Industrial Revolution? ~...
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chapters 20 21 notes - equipment was also being sold abroad...

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