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State any four economic factors for the growth of London city

      

State any four economic factors for the growth of London city

  

Answers


Dana
Trade: archaeological finds of pottery from France and Germany and contemporary writing of ‘an exotic international trade’ shows that London was the center of exportation and importation of goods from Europe. This facilitated its growth
Financial center: London had its own currency and later became banks and the relocation of the Exchequer to Westminster in the twelfth century strengthened the role of London in finance
Construction: construction projects such as the construction of the Old London Bridge, fine palaces, cathedrals, monasteries and the Buckingham Palace saw a continuous flow of builders to the city while expanding the physical size of the city
Industries: cloth production was the England’s biggest industry and vast amount were exported through London. This led to the establishment of warehouses which were replaced by large industries during the industrial revolution. These industries contributed to the growth of London by attracting industrial workers to it.

Dana05 answered the question on June 17, 2019 at 19:37


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