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Word Count: 1,597
Nowadays it is almost taken for granted that the industrial revolutions are the result of changing technology and the proper application of that in the industrial production However from my point of view these two factors did play a vital role in stimulating industrial revolutions but they were not the only catalyzer propelling monumental development in industry Influentially the improvements in organizations of politics social patterns commerce finance and transportation also accounted for the prosperous phenomenon in the industrial revolutions In this paper I am going to compareBritain in the First Industrial Revolution with the United States during the timeframe of Second Industrial Revolutions and show how the political social financial and transportation change encouraged the two countries moving into industrial revolution 1 Political change Both Britain and the United States sufficiently benefited from the political changeover in the form of favorable government policies to boost up the economy to a whole new level that is the industrial revolution In Britain the 1688 Glorious Revolution was regarded as the turning point in the evolution of British government which assured the rise of limited monarchy Since then it would be impossible to govern without Parliament Several years later --1of 8-- in 1689 the Bill of rights was enacted in favor of the right to own private property which also indicated that Britain henceforth steppped in the era of modern liberal democracy This action was served as political support for creating efficient creditfinancial banking system in the futrure With the political recognition of property rights togother with the provisions of financial system an increasing number of business began to engage in intra-conlonial trade and the economy was expanded through this way However although the property of rights was recognized it also ensured tah tthe property rights of the poor
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