
Chapter 5: The Textile Industry
The Industrial Revolutions
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The Rise and Fall of the British Spinners
Between 1780 and 1800, the output of cotton products increased nearly 11% every year. With traditional methods, spinners need about $50,000 to spin 100 pounds of raw cotton. One of the top textile firms reported the prices for their high-quality yarns fell 50% between 1795 and 1811.
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