How did britain's involvement in wars from 1793 to 1815 affect british industries?
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Explanation:
Britain,s involvement in wars from 1793 and 1815 greatly affected its economy. Factories shut down and trade came to a standstill. Due to shutdown of factories workers became jobless and there was unemployment. There was no capital formation and possibility of reinvestment during the war period.
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The effect of Britain's was from 1793 to 1815 on British Industries was:
● Britain's contribution in wars from 1793 and 1815 extraordinarily influenced its economy.
● Plants shut down and exchange ground to a halt.
● Because of shutdown of production lines laborers got jobless and there was joblessness.
● There was no capital arrangement and probability of reinvestment during the war time frame.
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