Impact of Steamships on British Global Trade
How did the development of the steamship affect British global trade patterns in the mid-nineteenth century?
A
They discouraged colonial expansion by making distant markets less profitable.
B
They had minimal effect on global trade since steamships could not navigate open seas efficiently.
C
They expanded export markets by reducing journey times and costs, enhancing Britain’s ability to export textiles and import raw cotton.
D
They replaced all traditional sailing vessels overnight, leading to a temporary collapse of the timber trade.
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