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The first figure shows the historical trends of wages relative to the cost of capital in England and France from the late sixteenth t early nineteenth century; the second figure shows the wages relative to the price of energy in the early 1700s in selected cities.

The first figure shows the historical trends of wages relative to the cost of capital in England and France from the late sixteenth t early nineteenth century; the second figure shows the wages relative to the price of energy in the early 1700s in selected cities.

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The first figure shows the historical trends of wages relative to the cost of capital in England and France from the late sixteenth to the early nineteenth century; the second figure shows the wages relative to the price of energy in the early 1700s in selected cities. 18 England France 0.5 1580 1600 1620 1640 1660 1680 1700 1720 1740 1760 1780 1800 1820 Year Newcastle, England Strasbourg. France London Amsterdam Paris Beijing Which explanation for the Industrial Revolution (which occurred in eighteenth-century Britain) do these figures support? O a. Britain's cultural attributes such as hard work and savings, which were passed on to future generations O b. Relatively high cost of labour and the abundance of coal in Britain O c. Europe's scientific revolution and its Enlightenment of the century before the Industrial Revolution O d. Political and cultural characteristics of nations as a whole Labourer's daily wage/price of 1 million BTUS Wages relative to the cost of capital
Transcribed Image Text:The first figure shows the historical trends of wages relative to the cost of capital in England and France from the late sixteenth to the early nineteenth century; the second figure shows the wages relative to the price of energy in the early 1700s in selected cities. 18 England France 0.5 1580 1600 1620 1640 1660 1680 1700 1720 1740 1760 1780 1800 1820 Year Newcastle, England Strasbourg. France London Amsterdam Paris Beijing Which explanation for the Industrial Revolution (which occurred in eighteenth-century Britain) do these figures support? O a. Britain's cultural attributes such as hard work and savings, which were passed on to future generations O b. Relatively high cost of labour and the abundance of coal in Britain O c. Europe's scientific revolution and its Enlightenment of the century before the Industrial Revolution O d. Political and cultural characteristics of nations as a whole Labourer's daily wage/price of 1 million BTUS Wages relative to the cost of capital
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