First of all we have to look as to why is Britain associated with being the first state to industrialize? One answer to this question is that Britain by far has more of everything. To be more specific Britain’s per capita income is larger compared to other countries. In the period associated with industrialization we see that Britain’s economy does not have Guilds any longer compared to France that had a law banning outside manufacturing, and it only allowed manufacturing within guilds. The eliminatio

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