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workers meant more laborers to build machines. More coal and more
machines meant more items produced. Within a hundred years, people
had plenty, and Britain began to make a large sum of cash by trading
surplus (extra) goods to other countries.
In the 1700s, trade from a growing overseas empire helped the British
economy prosper. Because of their colonies, Britain was able to have
access to supplies and natural resources that may perhaps been
unavailable in Britain. Trade between Britain and the colonies also
allowed the British to accumulate (obtain) capital (money), which
allowed the British to invest capital in enterprises (businesses) such
as mines, railroads, and factories. More money
led to higher pay, and increased motivation of
workers.
Finally, Britain was able to lead the way to
industrialization due to its geography. Britain
being an island was able to avoid the spread of
revolutionary ideas that was sweeping across
Europe (France, Spain, Austria, Belgium). Since
the British government provided its citizens with
natural rights, the British was able to
concentrate all its money and time into creation
of factories, instead of having to focus time,
capital, and manpower into putting down
rebellions. By the end of 1700s, Britain was
light-years ahead of the rest of Europe in
manufacturing (making things) and in
technology.
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