1. Role of textile manufacturing in initiating industrialization
Before industrialization the textile manufacturing system was a slow method, it demanded time and it was usually sold in local communities. But in the 1700s inventors created machines - such as the wheel shuttle and cotton gin - and techniques that improved the textile production made those businesses grow and stimulated the coal and the iron industries.
The boom of textile industrialization boosted the import of raw materials such as cotton, improved transportation of those materials and made the economy move as a whole and initiate industrialization.
2. How transportation technology advanced the Industrial Revolution
Before the Industrial Revolution transport of goods demanded a long time, it took sometimes months to send a letter or to transport something across cities. With the industrial revolution the demand increased, industries needed more and more raw materials and goods to continue production. This pushed the construction of roads, river traffic, steamboats, canals, and railroads. Those transports made production and transportation of goods easier and boosted, even more, the industrial revolution because it permitted to spread selling around the country.
3. Why the first factories were more efficient than the earlier putting-out system
The putting out system is a system that subcontracts work. A central agent contracts subcontractors that complete the work for the agent. This has many problems because it was a domestic system which workers mostly worked from home in pre-urban times.
With the development of new technology such as machines that help with the manufacturing system, the first factories became more efficient because they brought workers and machines together in one place, it increased the production and time of production was smaller.
The Dutch East India Company was the first European that challenged the Portuguese domination of Asian trade. Different from Spanish and Portuguese traders, the Dutch expeditions were not controlled by the government, they had full sovereign powers. Because of that they had an enormous amount of power, they set up colonies and trading posts around the world, they captured Malacca from the Portuguese rule and opened trade with China.
1. B. Karl Marx
2. B. to improve the lives of workers
3. Try to treat the Bourgeoisie better than the proletariat
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Li Yuan who became emperor Gaozu <span />
The General Agreement on Tariffs and Trade (GATT), signed on October 30, 1947, by 23 countries, was a legal agreement minimizing barriers to international trade by eliminating or reducing quotas, tariffs, and subsidies while preserving significant regulations.
<h3><u>What Exactly Is the GATT (General Agreement on Tariffs and Trade)?</u></h3>
The GATT became active on January 1st, 1948. It has since been improved, finally leading to the World Trade Organization (WTO) being established on January 1, 1995, which absorbed and enlarged it. Its agreements, which at this point encompassed nearly 90% of world trade, had 125 signatories.
The GATT is overseen by the Council for Trade in Goods (Goods Council), which is made up of members from every WTO member state. Swedish Ambassador Mikael Anzén will serve as the Goods Council's head as of September 2020. There are ten committees on the council that deals with issues like anti-dumping laws, market access, and agriculture.
Learn more about the General Agreement on Tariffs and Trade (GATT) with the help of the given link:
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