The Industrial Revolution

Q.

What are the benefits of industrialization and what are the objectives of industrial license?

Q.

___, the spinning machine invented by Samuel Crompton became the basis of mechanical spinning for a century.

Q.

What were the features of the spinning mills invented in England which kicked off the industrial revolution?

1. Capital saving

2. Capital intensive

3. Labour saving

Q. What is the most important cause of low efficiency of labour in India?

1. Hot and enervating climate
2. Low wages
3. Migratory character
4. Education and training

Q.

Why didn't India adopt the spinning technology of the British?

1. Britain withheld the secrets of the spinning machines from India

2. Adoption of technology would cause a lot of people to go bankrupt

3. Investing a lot of money in spinning machines did not make economic sense in a labour intensive economy like india.

4. The British spinning machines produced yarn of inferior quality

Q. Kushagr owns a textile business. He also overlooks the functioning of the cloth firm. In this case, Kushagr will be regarded as .

1. unemployed
2. a casual worker
3. self-employed
4. salaried worker

Q. The factor that distinguished India from other countries in the manufacture of cotton was .

1. cheap inputs
2. more space
3. abundant labour
4. better weather

Q. England resorted to mechanisation because of .

1. cheap labour
2. cheap capital
3. low wages
4. unemployment

Q.

Education began to pick up pace with the growth of the British economy. Why?

1. With the expansion of commerce and manufacturing, the demand for literacy and numeracy increased

2. With better wages, people had money to pay for education

3. Education was mandatory by the king James of England

4. Education began to be seen as a status symbol in the society

Q. Knowledge, technical skill, education etc in economics, are regarded as __________.

1. tangible physical capital
2. human capital
3. working capital
4. social- overhead capital