Answered

One of the major economic causes for British industrial success was
(A) a sound banking system that provided necessary credit.
(B) the creation of the pound as a separate currency from the euro in
use on the Continent.
(C) that the British government did not get involved in the country's
economy.
(D) that her economy was already strong from a powerful trade
among guilds.



Answer :

GinnyAnswer
The major economic cause for British industrial success was: (A) A sound banking system that provided necessary credit. - The development of a reliable banking system in Britain allowed businesses to access credit for investments in new technologies, infrastructure, and expansion. This availability of credit played a crucial role in fueling industrial growth by supporting entrepreneurs and businesses. (D) That her economy was already strong from a powerful trade among guilds. - Prior to the Industrial Revolution, Britain had a strong foundation in trade and commerce facilitated by guilds. These guilds were associations of craftsmen and merchants that regulated trade and provided a platform for economic activities. The experience and prosperity gained from this trade contributed to the economic success of Britain during the industrial era. These factors, along with others such as technological advancements, access to resources, and a growing population, collectively played a significant role in shaping the success of British industrialization.