Thursday 11 December 2014

What are the four factors of industrialization?

There are several factors that led to industrialization. One factor is the availability of natural resources. Natural resources are needed to help make the products produced in the factories. A second factor is having a stable political environment. With a stable political environment, business owners can be more confident that they can invest in the economy and know that investments will be secure. A stable political environment tends to lead to stable markets that help...

There are several factors that led to industrialization. One factor is the availability of natural resources. Natural resources are needed to help make the products produced in the factories. A second factor is having a stable political environment. With a stable political environment, business owners can be more confident that they can invest in the economy and know that investments will be secure. A stable political environment tends to lead to stable markets that help businesses and the economy grow.


There are other factors that also lead to industrialization. One of those factors is a growing population. Workers are needed to work in the factories. As businesses expand, more workers are needed. The growing population also provided an opportunity for businesses to sell their products to more people. Finally, new inventions and improved transportation helped bring about industrialization. New inventions made it easier to make products. Also, there needed to be a good transportation system to be able to get the products to the consumers. Roads, canals, railroads, and ships are various ways to transport products. New inventions in transportation, such as the steam engine, helped make it easier to get products from the factories to the people.

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