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Recipe_for_Industry__Textile_Industry_

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					  Recipe for Industry
  From the “kitchen” of: Great Britain (England)

NATURAL RESOURCES – rivers & streams (Energy ! Trade! Travel!);
                     minerals (Coal!)
CAPITAL - $ or anything used to make $; money to invest in business; banks
with cash to loan; MERCANTILISM HAD CREATED MUCH WEALTH FOR
ENGLAND THROUGH TRADE WITH HER COLONIES


SKILLED LABOR: Educated workers; ENTREPENUERS “risk takers”!!!


INFRASTRUCTURE –transportation and communication systems


MARKETS – place to sell manufactured goods (COLONIES)


   BRITAIN’S FIRST FACTORIES WILL BE TEXTILE (CLOTH) FACTORIES!

				
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