week 4 notes, cotton growth
week 4 notes, cotton growth ECON 2100 035
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This 3 page Class Notes was uploaded by Nisha Esmail on Tuesday September 20, 2016. The Class Notes belongs to ECON 2100 035 at Georgia State University taught by Robert Moore in Fall 2016. Since its upload, it has received 3 views. For similar materials see Honors Global Economics in Global Economics at Georgia State University.
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Date Created: 09/20/16
I. The Industrial Rev a. What came before i. The Black Plague 1346-1353 ii. The Renaissance 1350 b. The Agricultural Rev i. Jethro Tull 1674 ii. Seed Drill 1701 c. Innovations that led to Industrial Rev i. Lewis Paul and John Wyatt ii. Richard Arkwright d. 1784 1 bale of cotton from US-England i. Stopped because british Navigation Acts (1651-1845) 1. Must be on Brittish ship 2. Reciprocality component as well, our ship goes there, your ship goes here 3. 1861 cotton cloth costs 1% of 1784 price 4. Wool is lowest cost, most common cloth in 1700s 5. Fiber can come from other plants a. flax linen b. Hemp, jute, pineapple, vanilla, sisal c. mulberry leaf silk e. Stages of Cotton Production i. Grow cotton 1. Breaking ground 2. Planting 3. Weeding (chopping cotton) if growing too close together 4. Harvesting picking cotton balls 100lbs of balls = 2 days of labor ii. Ginning – pulling seeds out 100lbs = 50 days iii. Cleaning, carding, spinning 100lbs = 20 days 1. Cleaning – picking out debis stems, leaves, etc 8lbs spinable cotton 2. Carding – making fibers parallel 3. Spinning - twisting and making into thread 8lbs = 25-40 days, per pound of cotton 12-14 days (spinsters) iv. Weaving – convert thread to cloth (men were weavers) v. Cut and sew – convert cloth to garment f. US Market Marine Act i. From moving goods from different coasts must be on American ship g. Lewis Paul 1729 i. Talked to Samual Johnson 1755 about a mechanic way to work cotton h. John Wyatt 1700-1766 i. Could make working model for cotton machine ii. 50 workshops with 50 spindles each = 2500 machines i. Richard Arkwright 1732-1792 i. Awarded many patents in lifetime ii. Stealing other ideas and getting patents first iii. Spinning frame iv. Waterframe v. 1 factory power, semi skilled labor, machines 1. First true cotton cloth vi. 1770, built first mill powered by horses 1. 2500 spindles nd vii. 1771 2 factory with water power viii. 1771-1792 – new factory every year ix. He was first person to be object of labor action x. He decided small towns were not okay bc not enough workers thought of mill villages COULDN’T LEAVE VILLAGE st xi. 1779 1 labor action anti machinery riots xii. HE WAS VERY RUTHLESS WITH LABOR j. England cotton production i. 1765 = 500,000 lbs of cotton cloth being produced ii. 1775 = 2 million pounds of cotton cloth being produced 1. GROWTH RATE IS 14% ANNUALLY iii. 1784 = 16 million pounds being produced 1. 24% growth rate annually k. Eli Whitney (1765-1825) i. 1788 went to be student at Yale U 1. 2 professors and 100 students a. One teacher only taught theology, other known for math and natural philosophy l. Nathanial Greene’s Widow – Caty (1742-1786) & ((1755-1814) i. She was only 31 when Nathanial passed away m. 1800 COTTON GIN i. Made upland cotton profitable n. 1820 400,000 bales of cotton o. 1861 4 million bales of cotton p. Cotton and Slavery i. Field hand 1. 1775 $100 2. 1800 dropped to $50 3. 1850 went up to $800-$1000 ii. Number of slaves 1. 1784 less than ½ million slaves in US 2. 1861 4 million slaves in US and 5/6 work in cotton iii. Slave Trade = 1500-1808 a. 5 million slaves went to south America and to work sugar b. Another million went to Carribean for sugar c. 300-600 thousand to US d. Continued to import because they worked to their death iv. Slave Ownership 1. ½ free families owned slaves 2. Only 10% more than 1 3. Only 1% 5 slaves 4. 1/10% > 50 slaves q. US Cotton Exports to England i. 1784 1 bale ii. 1800 less than 10 million lbs iii. 1830 less than 100 million lbs iv. 1860 more than 2 billion lbs
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