The Role of Banking in the Industrial Revolution
The Role of Banking in the Industrial Revolution When you think of the Industrial Revolution, images of steam engines, bustling factories, and smoky cities might immediately spring to mind. However, behind the scenes of this transformative era was a powerful engine that wasn’t made of iron or coal—banks. Without the crucial support of banking, the Industrial Revolution might have been no more than a footnote in history. Let’s explore how banking bolstered the incredible advancements of this era. Banking Becomes…