What were the features of the spinning mills invented in England which kicked off the industrial revolution?
The spinning mills invented in Britain were capital intensive and labour saving.
How did the capital-intensive labour-saving technology help the British economy?
Q69. Consider the following statements about Cotton textile industry:
1. Cotton textile mill sector is highly capital intensive.
2. Powerloom sector is more labour intensive than Handloom sector.
Which of the above statement(s) is/are correct?