First British Industrial Revolution-
First British Industrial Revolution-
The manufacture of military munitions and the development of
a home market were critical underpinnings of the first industrial
revolution in Britain. Military manufacturing supported by the British
Government contributed directly to technological innovation and
spurred industrialization. This is because the companies that choose
to fulfill the government contracts to make military munitions found
money could be made if new processes and technology was developed to
fulfill the huge contracts. Military
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goods from factory to market.
The home market also provided the base for other industries such as
coal. This was because the home market created greater urbanization
and thus the need for coal in urban England grew. The military sector
of the economy provided some of the key technological innovations that
promoted industrialization. And the home market that was produced by
the cotton textile trade promoted improvements in infrastructure
and spurred other industries to develop.
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