The Waltham-Lowell system was a labor and production model employed during the rise of the textile industry in the United States, particularly in New England, amid the larger backdrop of rapid expansion of the Industrial Revolution the early 19th century.
The Lowell System was a labor production model invented by Francis Cabot Lowell in Massachusetts in the 19th century. The system was designed so that every step of the manufacturing process was done under one roof and the work was performed by young adult women instead of children or young men.
The summary of the given question is summarized throughout the below portion.
Explanation:
Fixed supply would be described as more of a commodity or items will keep a fixed cost, a growing market will result in an increased balance price of the underlying security throughout the availability.
The amounts that a supplier is prepared to offer of any sort of commodity or target market at any certain price must be displayed graphically, seen as a fixed supply curve.
