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Industrial Revolution in England may be attributed to many factors. What was the role of the following factor: A vast Overseas Market - History and Civics

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प्रश्न

Industrial Revolution in England may be attributed to many factors. What was the role of the following factor:

A vast Overseas Market

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उत्तर

The role of the given factor in stimulating industrial expansion in England in the 18th Century is described as under:

A vast Overseas Market: Overseas trade, brought into plenty of money to England. After the Battle of Plassey (1757), the East India Company compelled our people to sell their goods below the market-rate and purchase the commodities they had brought at very high prices. As England had acquired Canada also, her trade developed considerably. She had now, a big market for her products.

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Industrial Revolution - Comparative Study of Socialism and Capitalism
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 13: The Modem Age in Europe: Industrial Revolution - Structured Questions

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मॉर्निंग स्टार Total History and Civics [English] Class 9
अध्याय 13 The Modem Age in Europe: Industrial Revolution
Structured Questions | Q 9.1
गोयल ब्रदर्स प्रकाशन History and Civics [English] Class 9 ICSE
अध्याय 1.14 Industrial Revolution and Capitalism and Socialism
Structured Questions | Q 1.3
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