Britain's Industrial Revolution: Key Innovations and Economic Shift
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Great Britain in the 18th Century: Foundations of Industrial Change
In the mid-18th century in Britain, various circumstances arose that would transform the global production system:
- Performance-enhancing agriculture: Increased food production supported a growing population.
- Demographic growth: Created greater demand for products.
- Expansion of commerce: Great Britain dominated international trade.
- Technological advances: Began to be applied to manufacturing.
- Cost-effective production: Products were developed for retail merchants at lower costs.
- Concentration of production: Rural workshops tended to concentrate to control output.
- Capital investment: Farmers and traders, seeing profit, invested their capital.
- Bourgeois political influence: The rising