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Any economic system requires a good amount of political stability in order to sustain itself and grow. The leader in the industrial revolution was England. The ingenuity of its inventors and its business community flourished in England, partly due to the political stability of the country. When a nation's people as a whole, and important sectors of a nation, such as its government, industry, education facilities are not concerned or worried about radical changes in the social & political environment, it lends itself to growth in its economy. This was especially true in the 1700's in England. The government did not place any onerous constraints on industry, and because of England's colonial system, there was raw material to fuel manufacturing along with England's large base of "consumers" in its colonial empire.

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Kylee Homenick

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4y ago

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