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Why society faces a trade off between consumption goods and capital goods?
It's about opportunity costs - resources used to develop capital (steel mills, heavy machinery, etc.) isn't available to manufacture consumer goods, and vice versa.
Why is artificial silk cheaper than pure silk?
Artificial silk is produced in mills with synthetic fibres. Original silk is produced by silk worms and it requires a lot of skill labour and time. They also have to take care of the worm, maintain its habitat and feed it.
What happened when the cottage industry was replaced by manufacturing mills?
Textiles became more plentiful and less expensive. This first happened in England.
Why mill owners choose to build their factories near farms?
The mills were located as near as possible to the source of the mills raw material supplies. This could be near farms that bred sheep, which created wool which is sent to the mill to be turned into garments and carpets. Other mills such as flour mills were located near farms who created grain for milling.
What economy was the north built on?
Factories and Mills
When were Hanes socks first produced?
Hanes first produced its socks in 1901 in Salem, North Carolina, in a plant called Shamrock Mills. It was renamed Hanes Hosiery Mills in 1914. In 1918 they began manufacturing women's socks.
Why did England prize its North American colonies?
The colonies provided goods that they didn't have in England. One items produced was cotton in the southern states that went to the English mills.
Is paper produced in integrated mills?
About 70 percent of all paper is produced at mills that are "integrated" with a pulp mill at the same site
Why did England prize its North American colonies because?
The colonies provided goods that they didn't have in England. One items produced was cotton in the southern states that went to the English mills.
What are two categories for which Mills Fleet Farm produces goods?
Mills Fleet Farm is an American business that has operated since 1955. Currently, the company produces goods in the hunting and fishing department as well as hardware.
Who created Kaboom?
Kaboom is a breakfast cereal produced by General Mills. It originated in 1969.
When was For the First Time - Stephanie Mills album - created?
For the First Time - Stephanie Mills album - was created in 1975.
Where is paper produced?
Paper is produced in a paper mill and is made from trees. Paper mills are located in states that have an abundance of trees. A couple states where paper is produced are, Idaho and Maine.
What kind of cereal starts with a D?
Double Chocolate Cookie Crisp cereal is produced by General Mills. It begins with the letter D.
How did the first textile mills work?
How did the first textile Mills Work? Did children work in the textile mills? Yes children did work in the textile mill.They mainly white poor children.
What was an effect the rapid growth of mills in the north?
There were more industrial jobs in that region of the country. There was also a lot more business in the ports in the north in order to export the goods made in the mills.
What was in effect of the rapid growth of Mills In the north?
There were more industrial jobs in that region of the country. There was also a lot more business in the ports in the north in order to export the goods made in the mills.
