Preconditions for Industrialisation

Q. What were the relative advantages of canal and railway transportation?

Q. Let us suppose that Jayrne and Larcer were two fictional towns in Britain during the 1820s. Jayrne was a town that had a high unemployment rate and was known to keep to itself. Larcer, on the other hand, was a developed and wealthy town that had a grand bazaar where merchants sold their wares from all over the world. It was a relatively well-connected town that saw a range of interactions for the sake of business and trade. Which of the two towns would most likely have experienced the effects of the Industrial Revolution first and why?

1. Jayrne, because it was more economically self-sustainable.
2. Larcer, because it had the social and economic infrastructure already in place to welcome it.
3. Both Jayrne and Larcer, because technological advancements were enforced uniformly across the country by the government during the Industrial Revolution.
4. Neither Jayrne nor Larcer would have been affected by the Industrial Revolution.

Q. Why did trade increase in Britain during the second half of the 18th century?

1. Well-defined financial system
2. Good network of rivers and easy sailing of ships
3. Indented coastlines and sheltered bays
4. The USA provided open market to Britain

Q. What was/were the reason(s) that favoured industrialisation in Britain?

1. Britain was able to get raw materials from India and North America.
2. British colonies were the markets to sell finished goods.
3. The banks provided loans for setup of industries with zero interest.
4. Steam power helped in building of ships and improved transportation.

Q. What was/were the reason(s) that favoured industrialisation in Britain?

1. Britain was able to get raw materials from India and North America.
2. British colonies were the markets to sell finished goods.
3. The banks provided loans for setup of industries with zero interest.
4. Steam power helped in building of ships and improved transportation.

Q. Why did trade increase in Britain during the second half of the 18th century?

1. Well-defined financial system
2. Good network of rivers and easy sailing of ships
3. Indented coastlines and sheltered bays
4. The USA provided open market to Britain