Before industrialization (about 1780 onwards) Britain was a - the even the - leading trading country of the time; it was capitalist (despite some latter-day 'feudal' flummery) and it had the main Natural Resources required at the time - coal and iron ore. Britain was also free from internal customs barriers and constituted a large and relatively domestic market. Britain also had the advantage of being in Western Europe, on the Atlantic seaboard.
Britain is the European nation that industrialized rapidly after 1850.
Brazil
It had the necessary factors of production
The same as they do in other western industrialized countries.
Great Britain and America
The federalists believed that industry and trade shouuld be the main business of the US and Britain was the most industrialized nation at the time.
Great Britain has one of the lowest tax rates of the industrialized nations. The United States and France have the highest tax rates.
Great Britain has one of the lowest tax rates of the industrialized nations. The United States and France have the highest tax rates.
The federalists believed that industry and trade shouuld be the main business of the US and Britain was the most industrialized nation at the time.
Industrialization in Europe occurred first in Great Britain, then in other parts of Western Europe. Eastern Europe remained largely agricultural and little industrialized.
It is generally asserted that the textile industry was the first to rise in Britain. The first large mills were constructed early in the Industrial Revolution.
Most industrialized nations: Russia, US, Britain, Japan, Germany, Italy, France, to name a few.