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Question

Why were most of the producers reluctant to use the new technology? Explain by giving examples.

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Solution

Dear Student,

Most of the producers reluctant to use the new technology because:
  • The new machines and technology were expensive, and thus the industrialists and producers were thoughtful about using them.
  • Often, the machines break down and it was costly to get them repaired.
  • Migration of huge amounts of peasants and labourers from small cities to large cities in search of work made it easier for industrialists and producers to hire labourers at a cheap costs rather than affording costly machines, as supply of workers was more than the demand.
  • Machines did not prove to be as effective as claimed by their inventors and manufacturers.
  • Variety of products can be manufactured only with manual labour, while machines were designed to produce uniform, standardized goods targeted for a mass market. However, often the market demands for goods with specific and intricate designs and shapes.
Regards,

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