wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

The large scale factories began to develop ______ capital.

A
Mercantile
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
Social
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Natural
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Manufactured
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is A Mercantile
Mercantilism refers to the economic policy wherein the trade and accumulation of goods were maximized by obtaining the cheap raw material from the colonies. The development of large scale factories in Europe during the Industrial Revolution required the raw material of cotton, jute etc. that lead to spread if mercantile capital.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Effect of WW-I on Indian Industrialists
HISTORY
Watch in App
Join BYJU'S Learning Program
CrossIcon