Answer:
The Industrial Revolution in Britain was financed by various sources of capital. Here are some of the sources of financing for the Industrial Revolution in Britain:
1. Investments by wealthy individuals: Wealthy investors provided funds for entrepreneurs to build factories and develop new technologies.
2. Profits from trade: The profits gained from trading with other countries were also invested in the development of new industries.
3. Bank loans: Entrepreneurs could borrow money from banks to start or expand their businesses. Banks played an important role in financing the Industrial Revolution.
4. Government funding: The British government also provided funds for infrastructure projects such as canals, roads, and ports, which helped to support the growth of the industry. The above sources of financing were instrumental in the Industrial Revolution in Britain.
Step-by-step explanation: