What was the importance of cotton industry for Britain Class 11?

What were the two main features of cotton industry in Britain?

Explanation: The cotton textile industry not only produces cloth but engage in export and import to earn a profit. The cotton industry produces fabric faster than handmade because it requires time and energy to produce it.

Why was the British textile industry important?

The British textile industry drove the Industrial Revolution, triggering advancements in technology, stimulating the coal and iron industries, boosting raw material imports, and improving transportation, which made Britain the global leader of industrialization, trade, and scientific innovation.

Why was cotton so important in the 1800s?

Cotton accounted for over half of all American exports during the first half of the 19th century. The cotton market supported America’s ability to borrow money from abroad. It also fostered an enormous domestic trade in agricultural products from the West and manufactured goods from the East.

Why was the cotton industry so successful?

As The Economist put it in 1861, the United States had become so successful in the world’s cotton markets because the planter’s “soil is marvelously fertile and costs him nothing; his labor has hitherto been abundant, unremitting and on the increase; the arrangements and mercantile organizations for cleaning and …

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Why was textile manufacturing important to the industrial revolution in Great Britain?

Textile manufacturing was important to the industrial revolution in Great Britain because textiles were in high demand all over the world, especially in Asia–meaning that the ability create massive amounts of textiles gave Britain a strong economic advantage.

What is the significance of the industrialization of cotton textile production as the engine for the industrial revolution in Britain?

This invention had two important consequences: it improved the quality of the thread, which meant that the cotton industry was no longer dependent on wool or linen to make the warp, and it took spinning away from the artisans’ homes to specific locations where fast-flowing streams could provide the water power needed …

Which industry followed the cotton industry in England and why?

Explanation: Key innovations to the British textile industry included the spinning jenny, water frame, flying shuttle, spinning mule, and power loom. Using raw materials from the Americas and other parts of the British Empire, Great Britain became the largest producer of cotton cloth in the world.