The Industrial Revolution
Trending Questions
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
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
Why didn't India adopt the spinning technology of the British?
Britain withheld the secrets of the spinning machines from India
Adoption of technology would cause a lot of people to go bankrupt
Investing a lot of money in spinning machines did not make economic sense in a labour intensive economy like india.
The British spinning machines produced yarn of inferior quality
- cheap inputs
- more space
- abundant labour
- better weather
- cheap labour
- cheap capital
- low wages
- unemployment
- England had banks of raw materials from its colonies under the British crown.
- England had a developed banking system that encouraged the wealthy to invest in infrastructure.
- England possessed the infrastructure needed for textiles.
- England had a feudal socio-political structure, wherein the practice of serfdom was prevalent.
- Interests of the rich
- Social reforms
- Political debates
- Scientific inventions