Describe the first cotton mill: where was it, when did it start, who worked in it, and what sort of machinery was used?

Instructions:
Answers should total four pages in all — meaning you need a minimum of one page per answer. Answers should be typed double spaced in 12 point type with no skipped lines between paragraphs.

Exams that do not have a name and date on them will be thrown away without being graded.

Advice:
Excellent answers do three things: they tell, show, and explain.
You the writer tell the reader something with a direct unsubstantiated thesis statement and assertion, such as: “The New Deal Saved American capitalism.”
The writer then shows the reader the accuracey of the thesis statement/assertion by presenting arguments facts figures quotations and illustrations as a written descriptions of the material that supports the thesis statement. For example supporting the thesis statement that the New Deal saved American capitalism one could show how bad the economic crisis was by listing the number of foreclosures in a given period and telling the reader what the unemployment rate was in 1931 and comparing it to the lower unemployment rate of 1939. You could describe varrious WPA projects like bridges and housing.
Finally, you the writer, can then explain how all this goverment intervention increased economic growth. you could explain that even though many new deal programs sound socialistic the larger goal was to save capitalism from its own tendency towards crisis.
Nota Bene (that is the fancy Latin way to say, “Note Well”) you must use dates, names, quotations, and examples from the readings..

The EXAM Questions:

1.) Explained how money emerged in colonial New England; and explain some of the ecological and social transformation associated with the rise of money. Hint, its all about the fur trade.

2.) In the Wealth of Nations Adam Smith argues that the “division of labor” increases productivity. Assuming he is correct (and he is) explain how that happens.

3.) Describe the first cotton mill: where was it, when did it start, who worked in it, and what sort of machinery was used? Also, where did the startup capital for this mill come from? Where did the raw materials come from? Once the cotton textile industry in Britain started to grow rapidly, where did the capital for the expansion of the mills come from?

4.) How did slavery slow the economic development of capitalism in the US South as compared to the North and what role did slavery play in the economics and politics of the Civil War?

5.) The assembly line is associated with the so-called second Industrial revolution a period of technological and economic change often dated as 1870 to 1914. Describe all the components that went into creating the modern assembly line and how they fit together.

Use the additional materials I attached as sources to answer each of the 5 questions

Last Completed Projects