Compare the industrialisation in Germany and france.Identify similarities and differences??
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Answer:
Refer the Explanation
Explanation:
Similarities :
- Germany and France lacked colonial resources.
- in both the countries industrialisation received a boost by the introduction of railways in 1830s.
- railway stimulated trade, communication and economic growth.
Differences :
Germany
- German industrialisation was greatly facilitated by the German government.
- The needed heavy capital investment was received from large banks.
- market facilities were provided on large scale.
- Germany gained back her coal mines.
- The industrial units where very large.
France
- France, in contrast, was slow in industrializing.
- France did not develop banks which could mobilize large amount of
- capital and lend them to industrialist. market facilities were provided after 1860.
- France lost her coal mines to Germany.
- the units were run at homes only.
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