As a result of the Industrial Revolution, British and French financiers built up
ID: 1202868 • Letter: A
Question
As a result of the Industrial Revolution, British and French financiers built up enormous reserves of capital. Seeking to earn high rates of return on their investments, they helped to finance all of the following except: (choose one)
The rapid industrialization of Russia, including railroads and enormous new steel plants
Infrastructural projects in the New World, including railroads in Argentina and North America
Technological research in Germany, including the improvement of German military technology
The Suez Canal in Egypt, which shortened the shipping routes from Europe to Asia
a.The rapid industrialization of Russia, including railroads and enormous new steel plants
b.Infrastructural projects in the New World, including railroads in Argentina and North America
c.Technological research in Germany, including the improvement of German military technology
d.The Suez Canal in Egypt, which shortened the shipping routes from Europe to Asia
Explanation / Answer
British and France were bitter enimies of Germany. They did not want Germany to become powerful. So they financed every other country except the technological research in Germany, including the improvement of German military technology.
Hence it is C.
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