Which of the following were factors of production that allowed mew England to start industrialization in the early 1800s choose for correct answers

Which of the following were factors of production that allowed mew England to start industrialization in the early 1800s choose for correct answers class=

Respuesta :

Answer:

1. Access to foreign, overseas markets

2. Money from banks invested previously in shipping

3. Well funded public schools to educate the labor force

4. Entrepreneurs, such as Francis Cabot Lowell, to organize businesses

Explanation:

In 1800 England faced the start of industrialization. Trade routes, raw materials and inventions were the main reason for industrialization in England.

The correct answers are:

  • Option 2. Access to foreign, overseas markets.

  • Option 5. Money from banks invested previously in shipping.

  • Option 6. Well funded public schools to educate the labour force.

  • Option 7. Entrepreneurs, such as Francis Cabot Lowell, organize businesses.

This can be explained as:

  • New England has new geographical land and the area made the agricultural practices easier as compared to the old lands.

  • The agricultural revolution is considered to be the starting factor for industrialization.

  • New England had trade routes and excess to the markets through Sea made industrialization easy.

  • They had well funded and established schools to teach the workers the process of manufacturing industries and set ups.

To learn more about industrialization in England follow the link:

https://brainly.com/question/704678