explain the factors favouritable for industrial revolution began in Britain first and decrible the relative advange of canal and railway transportation 8 marks
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Britain was at war for 36 out of 60 years from 1760. As much as 35% of the cost of war was met by taxes from people’s incomes. The borrowed capital was not used for investment but for fighting wars. Workers were transferred from factories and farms to the army. Food prices rose to a level that poor had little money left for buying consumer goods. Wars with Napoleon closed the European continent to British traders. The result was reduced demand and reduced industrial output in Britain.
Transporting coal through canals was cheaper and faster than doing it by road. Railways provided faster, cheaper and more reliable means of transport; for both goods and people. In due course of time, railways turned the canals almost redundant.
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