The Industrial Revolution
Explain the following: Women workers in Britain attacked the Spinning Jenny
Examine the role of education in the economic development of a nation.
Education is considered an important input for the development of a nation. How?
Explain how investment in education stimulates economic growth.
Discuss the need for promoting women’s education in India.
Why didn't India adopt the spinning technology of the British?
Investing a lot of money in spinning machines did not make economic sense in a labour intensive economy like india.
Adoption of technology would cause a lot of people to go bankrupt
Britain withheld the secrets of the spinning machines from India
The British spinning machines produced yarn of inferior quality
Education began to pick up pace with the growth of the British economy. Why?
With the expansion of commerce and manufacturing, the demand for literacy and numeracy increased
With better wages, people had money to pay for education
Education was mandatory by the king, James of England
Education began to be seen as a status symbol in the society
Education forms the backbone of the modern economy.