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Quarry Bank Mill was so Successful because of Money.

Quarry Bank Mill so successful because of four main things. One is Money. Without it the Samuel Greg could not have built the Mill if he had no money. Money was also used to buy machines, which would weave and spin the cotton. The Money also paid the wages of the workers employed at Quarry Bank Mill. Money was a very important thing in the development of the mill. The money was not only going out. It was also coming in. The mill would sell on the cotton and cloth to make more money that then would be spent on new inventions. The money went round in circles. The mill would make pay people to weave and spin the cotton the people would then buy cloth. If they bought the cloth the money would got to the mill. The mill would then pay it back to the people in the form of wages.


 

The Big Story
The Gregs
New inventions
Story of cotton
Iron, coal & steam
General topics
Geography
Money
Technological change
Individual skills
 
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