Imperialism
-England had the excess capital required to fuel the Industrial Revolution because
A) The Church of England did not compete with the state for revenue.
B) England avoided war at all costs in the late 18th and early 19th century.
C) Trade and empire had built a sophisticated banking system.
D) Farmland was being sold to invest in factories.
E) The taxes generated from the colonies paid for industrial development.
Correct Answer:
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