Why was whaling a profitable industry? aWhalers were given health insurance bA man could retire after capturing one whale cWhale oil was sold at a profit dThe meat was sold for at a high price
Question
Why was whaling a profitable industry? aWhalers were given health insurance bA man could retire after capturing one whale cWhale oil was sold at a profit dThe meat was sold for at a high price
Solution
Whaling was a profitable industry primarily due to the following reasons:
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Whale oil was sold at a profit: Whale oil was a highly sought-after commodity during the 18th and 19th centuries. It was used for lighting (in oil lamps), in soaps, and as a lubricant for machinery. The high demand for whale oil made it a profitable product.
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The meat was sold at a high price: Apart from the oil, the meat of the whale was also a valuable product. It was used for food and the bones were used for making a variety of products like corsets, umbrella ribs, and fishing rods.
The options a and b are not typically associated with the profitability of the whaling industry. Health insurance for whalers is a modern concept and not directly linked to the industry's profitability. Similarly, the idea that a man could retire after capturing one whale is not accurate. Whaling was a dangerous and difficult profession and it would take more than one whale to secure a comfortable retirement.
Similar Questions
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