When and Where Did the Western Industrial Revolution Begin? What

question 31

Essay

When and where did the western Industrial Revolution begin? What fueled this revolution? In what manner did this revolution diffuse throughout Europe?

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Definitions:

Stock Dividend

A payment made to shareholders in the form of additional shares, rather than cash, reflecting the company's decision to reinvest the profit.

Liability

A company's legal financial debts or obligations that arise during the course of business operations.

Retained Earnings

Profits that a company has decided to keep and reinvest in the business rather than distribute to shareholders.

Common Dividend Payable

A liability on the balance sheet representing the amount of dividends declared by a company's board of directors to be distributed to common shareholders.