When and How Did Industrialization Spread to the European Continent

question 19

Essay

When and how did industrialization spread to the European continent and to the United States? What factors in those countries tended to support industry?

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Definitions:

Equal Payments

Regular payments of the same amount over a specified period, commonly used in loan repayment schedules.

First Payment

The initial amount paid at the start of a financial agreement or loan.

Compounded Annually

A method of calculating interest where the interest rate is applied once per year, adding to the principal sum for the next period.

Equal Annual Payments

Regular payments of the same amount made over a specified period of time.