Why was Europe industrialized faster than the other continents?

Pace of industrialization has varied in different regions
of the world at different periods. It is not as if pace of industrialization has been
always fastest in Europe. In pre-industrial revolution era the pace of development of
industrialization in Europe was not the fastest in the world. Also this has not remained
like that ever after. For example, there have been times when the growth of
industrialization has been higher in USA. Then In second half of twentieth century Japan
led the world in industrial growth. Even today the rate of growth of industries in
countries like China and India is higher than that in
Europe.

However, perhaps the question is referring to the
period when the rate of Industrialization was highest in Europe. This is the period of
industrial revolution. One of the major contributor to this is the political domination
of the world by Great Britain at that time which helped it to accumulate capital
required for its industries, and also provided market for its product. Presence of large
deposits of iron and coal also helped industrial growth of Great Britain. In addition It
had easy access to cheap raw material from its
colonies.

The growth of industry in Great Britain than
provided encouragement to other western European countries
also.

A second reason was the faster growth of science and
technology in western European countries during this period. This growth had slowed down
in countries that had earlier led the world in this field partly because of degeneration
of their social system and partly because of political domination of European
countries.

The social sustem such as the feudal system, and
the guild system also contributed to the development of industry in
Europe.