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Richard Arkwright was a good businessman because he put special insurances on his inventions so that nobody could copy them so he wouldn't lose money that way. He also treated his workers well, so they would want to work with him and he could get more yarn to sell, and Richard Arkwright had lots of shareholders and business partners which he got money from.
What else can I help you with?
How did Andrew Carnegie become a successful businessman?
he wrote letters to people all around the world and made over 35 million .
Is things made in Korea are good?
Though the craftsmanship of an item made in Korea may be good, it's not good for the American economy to purchase goods made overseas.
In economics all good and services that must be made by?
workers
Why did Richard Stone win The Prize in Economic Sciences in 1984?
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1984 was awarded to Richard Stone for having made fundamental contributions to the development of systems of national accounts and hence greatly improved the basis for empirical economic analysis.
Which of these increase the price of certain foreign-made good?
An import tariff increases the sale price of foreign-made goods.
Who made the waterframe?
Richard arkwright
Who made the spinning-frame?
Richard Arkwright
Who made the water frame?
Richard Arkwright
What did Richard arkwright achieve?
He made the Water Frame
What did Richard Arkwright do before he made the water frame?
he was a writer.
Who was sir Richard Arkwright?
Arkwright invented the first spinning machine that made it possible to mass produce woolen.
When was the water frame invented?
The Water-Frame was used to spin yarn. It was invented by Richard Arkwright in 1769, and the Water-Frame made yarn spinning much easier for people, and had much more strength than the Spinning Jenny, invented in 1767.
How does the water frame made by Richard Arkwright work?
It runs by a waterwheel and that does all the labour.
Who built the water frame?
Richard Arkwright built the Water Frame in 1769. It was a machine powered by water that made good yarn for making clothes.
How did Richard arkwright cange people's work lives forever?
Richard Arkwright's spinning frame allowed thread and cotton mills to produce their products a lot faster and made the Industrial Revolution's people happier
What century was the water frame invented in?
it was invented in the indrustrial revolution 18c defne
What three inventions were most important in increasing textile production?
John Kay who made the flying shuttle then either James Hargreaves, Eli Whitney, Edward Cartwright or Richard Arkwright.
