WORLD HISTORY

Detailed explanation-1: -The colonial rule of India helped to cement Britain’s monopoly over the cotton producing market, contributing to the continually growing commercial success of the Empire.

Detailed explanation-2: -Access to Raw Materials Coal, iron, lead, copper, tin, limestone, and water power were also readily available for the British to use for their industrial advancement. In conjunction with the navigable waterways in Britain, these ships could transport much larger amounts of coal than land modes.

Detailed explanation-3: -The cheap cotton harvested by enslaved people in North America allowed Britain to undercut India’s prices. According to historian Gene Dattel, Britain was importing 1.2 billion pounds of cotton annually from North America by 1860.