Question

Read the paragraph.

Answer 1

Answer: The price of cotton cloth declined more than 50% from 1700 to 1800.

Explanation:

As a result of the Industrial Revolution, goods became cheaper because factories took over the production of goods that people had normally done in their homes. The efficiency of these factories ensured that more goods could be produced which therefore reduced the price as manufactured goods were now more widespread.

This is why the price of cotton declined by more than 50% from the 1700s which was before the Industrial Revolution to the 1800s which was after the Industrial Revolution.