Contributing factors towards the start of the Industrial Revolution in Great Britain were cheap energy, foreign competition and Great Britain had a small population. Industrialisation as opposed to agriculture as the main economy meant that machines were used to manufacture the items that were formerly made by hand. This meant that more items could be manufactured in the same time as when they were manufactured by hand. Small farmers could no longer keep up with the pace of the industrialisation of the economy so they moved into the towns to work in the factory. This allowed Great Britain to generate a greater gross domestic product as more work was completed by one person in less time. Energy was very cheap during the time of the Industrial Revolution so the cost of running the machinery was not high. Ships from the East eg. China and India brought in the same goods that were handmade in the UK and they were cheaper than the handmade goods. This forced the local manufacturers out of business
C. OAU. Organization of African Unity (OAU) had nothing to do with America.
Proponents of the North American Free Trade Agreement (NAFTA) argued that it would help the U.S. economy by "<span>b. opening up new markets for the export of American goods" since it formed alliances. </span>
U.S. banks stopped investments in Europe and demanded repayment of foreign loans
Due to lack of basic resources. Japan continues to expand its territory for the betterment of its people as well as to widen its scope of territory. They were successful in expanding their territory because of their advanced air forces which gives them more power to conquer territories.