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France, Switzerland, Italy, and Belgium were all slower to industrialize than Great Britain.

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Vincent Kemmer

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13y ago

Britain was the first state to develop modern financial institutions which provided the vast amounts of capital needed for the construction and equipping of railroads and large factories. Further, because of these institutions, this capital was often available in the form of credit.

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France, Switzerland, Italy, and Belgium were all slower to industrialize than Great Britain.

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Q: Why were other European countries slower to industrialize than Britain?
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Related questions

Why were European countries slower to industrialize than Britain?

Britain was the first state to develop modern financial institutions which provided the vast amounts of capital needed for the construction and equipping of railroads and large factories. Further, because of these institutions, this capital was often available in the form of credit.


Why were other European counties slower to industrialize than Britain?

When the British began the textile revolution they were very careful that how they did it was kept secret, so it took time before others were able to learn how.


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