1. The Industrial Revolution in England
... financed the growth of industries was also supplied directly from the triangular trade. According to Eric Williams, it was the capital accumulated from the West Indian trade that financed James Watt and the steam engine. Anthony Bacon, a leading ironmonger, also made a fortune out of his artillery contracts ... at a rapid pace in towns such as Birmingham. Guns were almost made specifically in Birmingham and were used to trade for slaves on the West African coast. According to Eric Williams, Iron bars, which were made in Birmingham were also a trading medium and constituted nearly ¾ of t...
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- Approx Pages: 5
- Grade Level: Undergraduate