subsequent Glorious Revolution ( 1688 ) (^) [ 63 ] determined the establishment
of a parliamentary monarchy based on the division of powers, individual
liberty and a level of legal certainty (with the Common Law) (^) [ 64 ] that
provided sufficient guarantees for the private entrepreneur and an important
development of the industrial patent system. Also, increasing liberalization,
and the reduction of restrictions imposed by the guilds on the establishment
of industries and technological change. As a geostrategic factor, during the
18 th century England (as part of the United Kingdom of Great Britain and
Ireland) built up a naval fleet that turned it into a true thalassocracy (^) [ 65 ]
master of the seas and a vast colonial empire. Despite the loss of the
Thirteen Colonies, emancipated in the American War of Independence
[ 66 ]^ (^1775 -^1783 ),^ it^ controlled,^ among^ other^ things,^ the^ territories^ of^ the^
Indian subcontinent, an important source of raw materials for its industry,
especially cotton, which fed the textile industry.
But to get to this first industrial revolution, it is necessary to recall
the great fire of London that ravaged the city from 2 to 5 September
(^1666) [ 67 ],. The fire swept through the medieval City of London inside the