Question

. Synthesize How did the four factors of production determine which nations were able to industrialize after Britain? Cite specific examples from the text.​

Answer 1

Answer:

The factors of production are labor, land, and capital, and all the nations that industrialized immediately after Britain had more or less similar amounts of each factor as Britain.

Explanation:

For example, Belgium had ample coal sources in Wallonia, Germany in the Ruhr Area, and France in the northern part of the country. Because coal was the main fuel during the industrial revolution, this sources allowed these three countries to follow Britain in the industrial Revolution.

Another example is the U.S., which also had coal, and a large labor force thanks to high domestic fertility rate, and high rates of immigration into the country. This high amount of the factor of production labor helped the U.S. become the first nation to industrialized outside of Europe.