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By the time that Robert Greg was puttig power looms into his mill at Styal in 1836, cotton had become much more important than wool. Exports of cotton were worth only £1100 a year in 1740s this ahd risen to 17 million by 1820 by 1850 britain was the leading export This is very amazing thing to do and there are many reason why and this is some of them T in 1750 it was 10.7 million but then it went up to almost 27.4 million in 1850 cotton producers took this up as a very good business offer and decided to come to the demnad for the growing population The Supply in North America of raw Cotton Grew After North America became independent in 1783 the Americans were free to look for new products to sell. Cotton plantations soon became very succesful. In 1793 "Eli Whitney" invented a cotton gin which helped the slaves to preopare the cotton 50 time faster than before. Imports of raw cheap cotton from Untited America into Great Britain grew. People spent more money in the 18th century Some of this money was spent on cloths. therefore was then a increase incotton There was a great expansion in Britains Trade Britain was the worlds leading trading nation in the late 18th cetury. British ships carried British goods all over the world. By the early 19th cetury cotton goods made up nearly up of all british exports |
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