English Industrial Revolution

The industrial revolution in Britain was a long and gradual development. The favorable conditions in England were why industrialization took place earlier and faster than other countries at the time. At the time, England was the dominant power of the Atlantic economy, with a large colonial empire. The lack of physical barriers and the many canals and water links helped with transportation of goods. Coalfields and thick forests, located close to large deposits of metal ores, provided fuel to power the furnaces that produced iron (Kreis). Thriving central and commercial banks provided fina…