The Economic Underpinnings Of The First Industrial Revolution In Engla

The scotch Underpinnings Of The First Industrial Revolution In Engla The Economic Underpinnings of the First Industrial Revolution in England The manufacture of military munitions and the development of a home market were critical underpinnings of the rootage 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 pick out to run across the government contracts to make military munitions found coin could be made if new processes and technology was developed to fulfill the huge contracts.

Military manufacturing was one of the few industries where innovation was rewarded. In most other industries conservative investors were reluctant to invest in new manufacturing technology. But in military manufacturing the government was the investor and was degage with the manufacturing technology as long as the product was delive...If you urgency to get a full essay, order it on our website: Orderessay

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