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Question
Industrial Revolution in England may be attributed to many factors. What was the role of the following factor:
A vast Overseas Market
Solution
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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