Question

How did the Industrial Revolution broaden the nature of the world market?

Answer 1

From the middle of the 18th century, large factories in England began to produce goods. These factories were run by stream engines.

Stream engines led to a lot of production in factories, increasing the need for raw materials.

Then, England spread its foot to North America, Asia (India), Africa, where it got raw materials and ready made markets. Thus colonialism began.