Economic Developments: Railway 'Revolution', Corn Law Repeal (1832-1846)

Question 1

How many jobs did the Railway ‘Revolution’ help to provide?

Answer 1

100,000+

Also had 600,000 indirect jobs through working for railway companies.

Question 2

What did the connectivity of the Railway help to achieve?

Answer 2

Better job opportunities to different areas within the country

Question 3

How did it help trade?

Answer 3

It allowed for faster movements of goods around Britian and therefore also helped international trade.

Question 4

What else did the railways help to promote?

Answer 4

Tourism and improved the quality of life of many towns around Britian.

Question 5

How did other industries improve due to Railways?

Answer 5

Technical developments were made with the invention of the telegraph and the use of Iron and Glass.

Question 6

What else during this period helped contribute to an economic boom?

Answer 6

The peaceful period which therefore lead to a reduction in tax and fewer Trade Rivals due to no wars.

Question 7

What did High Farming Improvements also allow for?

Answer 7

Improving crop yield + efficiency led to an improved economy and the improvement to the QoL for workers.

Question 8

How much of the coal used with railways was British coal?

Answer 8

2%

Question 9

What could be said to have had more effect on the improving economy?

Answer 9

Improved exports and the improvement to shipping lanes with Iron and Steel exports playing a larger role.

Question 10

According to Hawke how much did the railway contribute to the economy?

Answer 10

10%