Economists and historians identify many factors that must be in place for industrialization to flourish. Let's explore a few of them.
First, industries need natural resources, the raw materials used to produce finished products. Whether those resources are oil or steel, coal or wood, or water for transportation and power, they are vital to the success of industry, for without them, factories cannot run.
Second, industries need capital, the money required to acquire natural resources, build factories, and hire workers. A stable currency is also necessary for people to be able to purchase goods produced by industries.
Third, industries need workers. Without a steady labor force, factories would not be able to produce even if they had all the natural resources and capital in the world. As American industrialization increased, workers were recruited from the many immigrants who came to the US looking for opportunities and from groups like women and children.
Fourth, industries need technology. Advanced machinery, assembly lines, power sources (water, steam, electricity), standardized parts, and communication improvements all led to increased industrialization and greater efficiency.
Fifth, industries need consumers. If no one buys an industry's products, there is no reason to continue making those products, and the industry will fail.
Sixth, industries need transportation systems so they can bring natural resources into their factories and send their products to consumers. Roads, rivers, canals, and railroads have all contributed to the transit needed to boost industrialization.
Seventh, industries need a cooperative government that will support their efforts. Industrialization is especially aided by high tariffs that encourage consumers to purchase goods made in their own country, low taxes, and a laissez-faire (hands-off) policy in which the government basically leaves industries alone, or at least limits its regulations.