It profited from the invention of the steel plow. (OW.)
The textile industry also profited from the new inventions with their subsequent increase in availability and decrease in the cost of raw materials.
During the Industrial Revolution, the textile industry grew significantly. The first American textile factory was set up by Francis Cabot Lowell in 1813. New machines made it much faster to produce textiles but, unfortunately, put a number of people out of work.
It made the industry more reliant on machines rather than making cloth by hand (apex)
Many people got a job and the production grew.
Since the machines did nearly all the work, but the people still needed to man the machines so jobs were actually gained by machines and the work was easy, but dangerous.
It helped people helped easier and saved more time for them.
killed people
Costs were decreased.
The term cash crops refers to an agricultural crop that is grown with the intent of turning a profit.
The need for timber.The need for agricultural (farming) land in forested areas.Greed and the desire for profit at the expense of the environment and the local/native people.
move to kangaroo valley
It stablilzed prices, making the market stable. This is because farmers couldn't harvest crops and make a profit.
Costs were decreased.
It profited from the invention of the steel plow. (OW.) The textile industry also profited from the new inventions with their subsequent increase in availability and decrease in the cost of raw materials.
It gave them more opportunities to sell the product. More profit was made and Bangladesh was able to grow more rapidly with the increase of income.
A cash crop.
if competative industry z is making substantial economic profit, output will:
People made a commercial industry to make a profit.
In a small enterprise, the gross profit varies from industry to industry. However, if you have a gross profit margin of around 305 of your total net sales, you should consider yourself to be lucky.
-20% profit margin in transport Industry I found.
5%
5%
Cottage industry is more home-based, when commercial industry is products made for profit.
No economic profit is not always less than accounting profit; However, if accounting profit is less than economic profit the business would exit the industry.