US-Britain Industrial Power

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The Britain remained evidently predominant in the nineteenth century among the world powers as consequence of tremendous economic and industrial expansion in the eighteenth century. The British firms had expanded and export trade boomed vigorously in the industrial revolution…

Introduction


This paper investigates into the reasons that enabled the United States to replace the Britain as the world's leading industrial power after the time when Britain used to dominate the world with its industrial strength. Evidently, there happened to be several causes underlying the sharp decline in the British dominance among all the powerful countries in the world. In the same manner, there were various reasons that served to be the supporting elements for the economy and industry of United States to supersede the position of Britain.

Apparently there happened to be abounding reasons behind the deterioration of British industrial and economic power in the late nineteenth century. Britain's economic diminution was in fact a consequence of the decline in the country's industrial potency that happened to be the backbone of the country's growth in the eighteenth century. However, this industrial failure did not erupt out of nothing, rather it too was an aftermath of several factors and events responsible for undermining the British industrial ascendance in the world.

One of the pre-eminent causes of the failure of British industrial power was also the country's technical training and education system. The country, due to its highly advanced technical training system, produced and accumulated a large number of trained and high calibre workers for some industries. ...
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