The Cotton Trade in England And On the Continent a Study in the Field of the Co

Cover The Cotton Trade in England And On the Continent a Study in the Field of the Co
The Cotton Trade in England And On the Continent a Study in the Field of the Co
G Von Gerhart Schulze Gaevernitz
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All three links are joined by connecting ones. Also in the manufacturing process there is progressive division of labour; it is cheaper to produce 1, 000 of A than 500 of A and 500 of B. But here, also, with progressive division of labour there is an increasing dependency of the single establishments upon one another. A disturbance of the raw-material market exercises its damaging influence on the manufacturing and selling : while sale stagnations are inimical to the two preceding links. The in...dustry becomes more and more a complete organisation, made up by a number of isolated organisations dispersed over the whole country, but remaining similar to one another a complete organism, which is formed out of different kinds of units, geographically concentrated, depending upon one another.
No industry is more fitting to confirm these principles of Herbert Spencer than the English cotton industry.
AND ON THE CONTINENT. 67 In this respect the concentration of the industry and therewith the developing division of labour is most striking.


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