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| 1. |
How did Britain's involvement in wars from 1793 to 1815 affect British industries? |
| Answer» <html><body><p></p>Solution :Both Britain and <a href="https://interviewquestions.tuteehub.com/tag/france-1679" style="font-weight:bold;" target="_blank" title="Click to know more about FRANCE">FRANCE</a> were at war between 1793 to 1815. The industries of Britain were badly affected with this war. That is why Britain was unable to <a href="https://interviewquestions.tuteehub.com/tag/get-11812" style="font-weight:bold;" target="_blank" title="Click to know more about GET">GET</a> capital formation and reinvestment during war <a href="https://interviewquestions.tuteehub.com/tag/period-1151023" style="font-weight:bold;" target="_blank" title="Click to know more about PERIOD">PERIOD</a>. It had to use borrowed capital to <a href="https://interviewquestions.tuteehub.com/tag/fight-457380" style="font-weight:bold;" target="_blank" title="Click to know more about FIGHT">FIGHT</a> rather than reinvestment. Due to war, factories were <a href="https://interviewquestions.tuteehub.com/tag/shut-643388" style="font-weight:bold;" target="_blank" title="Click to know more about SHUT">SHUT</a> down. Trade declined. The prices of essential commodities were very high. So, this war affected British industries in many ways.</body></html> | |