Abstract
Britain provides the first example of industrial capitalism, as opposed to exchange between individuals. British industrial revolutionIndustrial Revolution created large industrial enterprises, and their supporting small- and medium-scale industrial manufacturing units. All these were financed through the profit from the transatlantic slave tradeSlave trade and exploitation of BengalBengal in India where in 1757 East India CompanyEast India Company (EIC) got the contract to collect taxes, which eventually became East India Company's Indian empire. This chapter explains how that was achieved, and what role these have played in the industrial revolutionIndustrial Revolution in Britain.
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CITATION STYLE
Basu, D., & Miroshnik, V. (2020). British Empire and British Industrial Revolution. In Imperialism and Capitalism, Volume I (pp. 33–54). Springer International Publishing. https://doi.org/10.1007/978-3-030-47368-6_2
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