Answer to Question #107397 in History for Yeet

Question #107397
How did the cotton boom create a need for more factories?
1
Expert's answer
2020-04-01T07:09:33-0400

Cotton was the major raw material produced for the industrial revolution. At that time, the rise of the cotton clothing industry was at its inception stage as well as industries such as bedding and packing material manufacturing industries. As a result of labour availability from slavery, mass production of cotton rendered people to acquire more wealth for investment and saving. During this time, the establishment of industries was the most viable investment to make which resulted in many cotton farm owners to establish more industries to process cotton from their farms. Ideally, the cotton boom resulted in many people shifting from domestic processing and production to commercial production which could only be done when people used factories. 


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Assignment Expert
31.03.20, 21:03

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31.03.20, 20:23

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