Q. 83.8( 5 Votes )

Explain the role of technology in shaping the world economy of the 19th century.

Answer :

The railways, steamships and the telegraph played an essential role in the 19th-century world. The colonisation new investments and improvements in transport. Faster railways, lighter wagons, and larger ships helped move food more cheaply and quickly from faraway farms to final markets.

In the 1870s, animals were no more shipped live from America to Europe later to be slaughtered on arrival, but with technological advancement, animals were slaughtered for food at the starting point in America, Australia or New Zealand and then transported to Europe as frozen meat. This reduced shipping costs and lowered meat prices in Europe.

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