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What are three important factors of production (e.g., land, labor, etc.) that make industrialized nations richer than they were 150 years ago and richer than

  1. What are three important factors of production (e.g., land, labor, etc.) that make industrialized nations richer than they were 150 years ago and richer than non-industrialized nations are today? Find one piece of evidence each factor you name is important.
  2. What are three policies, institutions, historical factors, or geographic characteristics of Western European nations, the United States & Canada that helped them industrialize earlier than other nations? Provide one piece of evidence or theory that each of the issues you mention is important.

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