This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is the likely reason for the Industrial Revolution to have started in Britain and not somewhere ... (Read 187 times)

madam-professor

  • Hero Member
  • *****
  • Posts: 584
on: Jun 30, 2018
What is the likely reason for the Industrial Revolution to have started in Britain and not somewhere else?
 
  What will be an ideal response?

Question 2

Transfer payments include
 
  A) open market sales. B) Social Security.
  C) consumption taxes. D) dividends.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mrphibs

  • Sr. Member
  • ****
  • Posts: 307
Reply #1 on: Jun 30, 2018
Answer to Question 1

The primary reason for why the Industrial Revolution started in Britain is that institutions in Britain were inclusive. Britain had a well-developed market system with private property rights. This improved profitability of businesses, and encouraged entrepreneurs to innovate. Britain also had a patent system that allowed the inventors of new technologies to protect their property rights not only in tangible assets but also in ideas. These institutional features of the British society were the key prerequisites for the industrial revolution.

Answer to Question 2

B


madam-professor

  • Hero Member
  • *****
  • Posts: 584
Reply #2 on: Jun 30, 2018
Correct answers!


mrphibs

  • Sr. Member
  • ****
  • Posts: 307
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Large regions of the Boreal forest in Alberta have been divided into a grid due to industrial develo Large regions of the Boreal forest in Alberta have been divided into a grid due to industrial develo
Crying Frequency in the Early Months In their first months of life, infants often cry for no appare Crying Frequency in the Early Months In their first months of life, infants often cry for no appare
Midway Island, an inhospitable atoll acquired in 1867, was valuable as a military base located midwa Midway Island, an inhospitable atoll acquired in 1867, was valuable as a military base located midwa
The Roosevelt Political Revolution (2 of 2) The Roosevelt Political Revolution (2 of 2)
Earth’s Revolution and Rotation: The Causes of Earth’s Seasons Earth’s Revolution and Rotation: The Causes of Earth’s Seasons
The Green Revolution and Fertilizer Impacts The Green Revolution and Fertilizer Impacts
Video: The 4 steps of translation Animation

For a complete list of videos, visit our video library