Choose whether the given statement is true/false:

The availability of a potential colonial market was one of the biggest influencers in the story about the age of industrialisation.

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True

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Detailed Solution

The above statement is true.
One of the main factors affecting the tale of the industrial age was the existence of a prospective colonial market. The industrial revolution significantly impacted the local and indigenous market and economic systems in colonies like India. An effective network of traders, bankers, and other financial players existed in India before it was included in the story of the age of industrialisation.
Hence, the availability of a potential colonial market was one of the biggest influencers in the story about the age of industrialisation.

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