Chnages In Transport And Industrial Economy

Question 1

What was the cheapest way of moving goods?

Answer 1

By water

Question 2

As a result of goods being moved by water, what was built?

Answer 2

A network of canals

Question 3

Who were the most important road builders?

Answer 3

John MacAdam and Thomas Telford

Question 4

How did the build roads?

Answer 4

Used strong foundations and good drainage to make road surface harder.

Question 5

What did the road mean for transport?

Answer 5

Faster and more safe

Question 6

After the road was built what other network was built?

Answer 6

Network of railways

Question 7

As agricultural revolution ran its course in 18th and 19th centuries, the British had conquered a ______ empire.

Answer 7

Colonial

Question 8

What type of economy was formed?

Answer 8

Mercantilist economy.

Question 9

What is a mercantilist economy?

Answer 9

DescriptionMercantilism is a national economic policy that is designed to maximize the exports of a nation.

Question 10

What was the consequence of the profit motive?

Answer 10

More rapid methods of production

Question 11

Capital was available, mobile and fluid because of the rise in ______,_____ and stock companies.

Answer 11

Banking

Credit

Question 12

What did industrialization pave the way for ?

Answer 12

Capitalism

Question 13

Why could England be the first to initiate the machine age?

Answer 13

Only a country already wealthy from commerce and agriculture