Question

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

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

Answer 1

Answer: (A), (B), (D)

The correct options are
A Britain was able to get raw materials from India and North America.
B British colonies were the markets to sell finished goods.
D Steam power helped in building of ships and improved transportation.

The colonial states in North America and India provided the raw materials and acted as markets for the finished goods. The trade and colonial conquest provided Britain with a large amount of capital. Steam power helped in building ships and improving the railway facilities.