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Essay heading: Modern Industrial Economy
 
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Issue: History
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Date added: June 20, 2009
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No of pages / words: 7 / 1764
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One distinct feature that was possessed by Britain was wealth. At the time, Great Britain was one of the wealthiest nations and could afford to dump large sums of money into buildings and export. Finally, one of the last things that were needed that could limit all the other elements is the possession of a government that was open to new ideas...
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If people in a nation could not get their government to back the ideas, they would have nothing. It was up to the entrepreneurs to convince the government officials that money could be made and power could be established. But why did Britain industrialize first? In the beginning of the 18th century, these qualities were not that noticeable...
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