During the Industrial Revolution, many inventions were invented that enabled greater, faster and more extensive production. At the same time, capitalism is developing. Capitalism implies the realization of profits made by faster and more efficient production. Faster and more efficient production is achieved, among other things, and through the use of all inventions of the industrial revolution. In addition, higher profits are generated by cheap labor, cheap raw materials. Inexpensive workforce and raw materials involve cutting costs of investment in production as much as possible. To achieve this, it is moving with dominance over other regions and underdeveloped countries, where there are small incomes, where there are abundant natural resources that can be exploited. Powerful and developed countries with developed industries always have an interest and are motivated to dominate the underdeveloped. That's what we are witnessing today as well.
It was important because it supported the Hanseatic trade route in the Baltik and the canal needed to be built between major trading cities. This was one of the great examples of co operation across borders in the North Europe in the area of free trade.
Hi there!
A. and B. are both true.
