- British merchants extended six months' credit to American shopkeepers.
- Americans consumed about 30 percent of British exports.
- British entrepreneurs exported the new technology to the colonies in order to produce goods more cheaply there.
- the standard of living in Britain increased at the expense of the American consumers.
Friday, May 27, 2011
As a result of the Industrial Revolution in England and the increased marketing of goods in the colonies...
Labels:
Industrial Revolution
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