The Industrial Revolution; Textiles and Flexibility

You can send a text, include contact info to get a response. This episode focuses on cotton industry advances in the 18th century. It covers the unique situation of a demand fueled series of inventions that were an answer to both imbalances in the putting out system and imbalances created by early success. We take a look at some other imbalances to, primarily in finance. We show how and why working capital needs were greater than fixed capital needs, and how these needs were me...