_Robert Allen Chapter 8 group presentation

_Robert Allen Chapter 8 group presentation - Robert Allen...

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5/10/10 Click to edit Master subtitle style Robert Allen Chapter 8: Cotton By: Vegard Kjoelhamar, Alex Kono, Matt Krebs, Monica Larcinese
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5/10/10 Background of the Cotton Cotton was one of the key instigating factors in the Industrial Revolution 5 The process of refining cotton for clothing was a hallmark process because of the other inventions it inspired 5 The innovations that came to be during this time period were integral in bringing about economic growth
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5/10/10 Growth of the Cotton Industry The mechanization of cotton processing began with the spinning machines throughout the 1st half of the 18th century 5 As cotton machinery became part of the ‘cotton mills’ they soon became prevalent for the time period Labor costs quickly decreased Production grew exponentially 5 The components of that machinery
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5/10/10 Great Britain Led the way in mechanized developments concerning cotton Due to high wages, higher thread-count fabric became much cheaper to produce 5 Was now able to beat out other leading cotton manufacturers, especially India 5 As a result of the mechanization, led the
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This note was uploaded on 04/29/2010 for the course ECON 4514 taught by Professor Shuie during the Spring '08 term at Colorado.

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_Robert Allen Chapter 8 group presentation - Robert Allen...

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