Historians have identified several causes for the Industrial Revolution, including: the emergence of capitalism, European imperialism, efforts to mine coal, and the effects of the Agricultural Revolution. Capitalism was a central component necessary for the rise of industrialization The Industrial Revolution was spurred by 3 main factors: the Agricultural Revolution, rise in population, and Great Britain's advantages. The Industrial Revolution deems a pivotal era of time due to improved farming techniques, growth of population, and Great Britain's advantages which influenced nations worldwide.
On March 6, 1819, the U.S. Supreme Court ruled in McCulloch v. Maryland that Congress had the authority to establish a federal bank, and that the financial institution could not be taxed by the states.
