Question

According to "Mill Times," how did technology revolutionize production in textiles? What impact did the rise...

According to "Mill Times," how did technology revolutionize production in textiles? What impact did the rise of these textile mills have on the economy based in New England?

Homework Answers

Answer #1

Answer - In the 18th century the coming of the technology in the textile prodiction increase the paced of the industrial revoluation in England. The technology improved the quality and productivity to the great extent. Not only did the production increases , but the rise in production and the textile industries led to the creation of the new jobs in economy. The rise in employment increased the income , output and took the economy towards the economy growth and more stability.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
What is the Silk Road and what impact did it have on the ancient world? (technology,...
What is the Silk Road and what impact did it have on the ancient world? (technology, religion, trading, specialization of production)
A company purchases new improved technology. How will this impact on the company’s production possibility frontier...
A company purchases new improved technology. How will this impact on the company’s production possibility frontier (i.e. PPF) and why?
According to the New York Times, how did the Internet Research Agency try to disrupt St....
According to the New York Times, how did the Internet Research Agency try to disrupt St. Mary Parish, Louisiana on September 11, 2014?
What impact would a change that shift's an economys production possibilities curve outward have on the...
What impact would a change that shift's an economys production possibilities curve outward have on the long-run aggregate supply curve? How have improvements in computer technology affected production possibilities and th long-run aggregate supply curve? Explain.
Question: In Northridge earthquake how did the event impact the hospital and health community? what steps...
Question: In Northridge earthquake how did the event impact the hospital and health community? what steps could have been taken to better prepare? To better respond? Does your instiution or workplace have a continuity of operations (COOP) plan? Do you test it regularly? please cite any source used, thanks
According to Henry W. Gardy, how did he promote the New South? And what aspects would...
According to Henry W. Gardy, how did he promote the New South? And what aspects would define it? The New South had to become equally competitive to the north. It needed to become a place full of industries, urban development, and massive financial investment in infrastructures like railroads, bridges, factories, and buildings. In the New South, the racial separation had to become the norm because people could not live in the same social space—same streets or neighborhoods, work together, or...
“How to produce a product” is not an economic question. a. True b. False Comparative advantage...
“How to produce a product” is not an economic question. a. True b. False Comparative advantage is based in the concept of opportunity cost. a. true b. false Spontaneous order is coordinated by the government. a. true b. false The production possibility frontier helps explain opportunity cost. a. true b. false Graphs are not important in explaining economic theories. a. true b. false A farmer misreads the instructions regarding the new crop spray that he bought and sprays his corn...
How long it takes paint to dry can have an impact on the production capacity of...
How long it takes paint to dry can have an impact on the production capacity of a business. An auto body & paint business invested in a paint-drying robot to speed up its process. An interesting question is, "Do all paint-drying robots have the same drying time?" To test this, suppose we sample five drying times for each of different brands of paint-drying robots. The time in minutes until the paint was dry enough for a second coat to be...
1. Should content providers and advertisers panic because of ad blocking technology, or will consumers figure...
1. Should content providers and advertisers panic because of ad blocking technology, or will consumers figure out that the internet will collapse without advertising revenue? With the rise of Adblockers becoming more significant in everyday use content providers are understandably going to become panicked. From the webpage ‘Native Advertising Institute they explain just how much the use of Adblockers has increased. “eMarketer predicts 1 of every 3 Internet users will use ad blockers by 2017, more than twice the 15%...
1. Determine the impact on each of the following if 2 million formerly unemployed workers decide...
1. Determine the impact on each of the following if 2 million formerly unemployed workers decide to return to school full time and stop looking for work: What will happen to the rates? Will they increase? Will they decrease ? or will they stay the same ? The labor force participation rate drops since these workers have left the labor force. The size of the labor force drops by 2 million. The unemployment rate drops since the percentage drop in...