England
-pro business
-capital (banks)
-Lots of innovations
-excellent geography for transpotation (canals)
France
-lack of infrastructure
-anti business environment (no polital power and taxes, triffs, monopolies, lack of infrastructure)
-no capital (banks)
-bankruptcy
Raw Resources
Labour Supply
Merchant class
Colonies
England-huge empire
France-lost all colonies
England and France Venn Diagram
(author: 1700s)