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Until the mid-eighteenth century when spinning became mechanized, cotton was an expensive and relatively unimportant textile (VirginiaPostrel, What Separates Rich Nations from Poor Nations? New
- Until the mid-eighteenth century when spinning became mechanized, cotton was an expensive and relatively unimportant textile (VirginiaPostrel, "What Separates Rich Nations from Poor Nations?" New York Times, January 1, 2004). Where it used to take an Indian hand-spinner 50,000 hours to hand-spin 100 pounds of cotton, an operator of a 1760s-era hand-operated cotton mule-spinning machine could produce 100 pounds of stronger thread in 300 hours. When the self-acting mule spinner automated the process after 1825, the time dropped to 135 hours, and cotton became an inexpensive, common cloth. Was this technological progress neutral? In a figure, show how these technological changes affectedisoquants.
- Provide two examples in a recent human experience thatparallel'swhat you have read about cotton clothing.
- Explain how the two examples of recent experience are similar to the what you have read.
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