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Give the factors that led to the emergence of London as a major trading centre

Give the factors that led to the emergence of London as a major trading centre

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Winnie
Highlight the factors that led to the emergence of London as a major trading center

London was located near the Thames River which made it accessible to the sea and interior. It also served as a natural canal for seagoing vessels

Cloth production in England was a major industry and vast amount exported through London. This led to the development of warehouse. These were replaced by industries during the Industrial Revolution

London had its own currency and nine moneyers which were the forerunner of bank. It played a central role in finance which was strengthened by the relocation of the Exchequer to Westminster

The trade between the London locals and the Romans led to the establishment of a market place called the Forum by the Romans.

Goods of trade were exported to and imported from Europe through London
Wincate 1 answered the question on October 2, 2017 at 12:26

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