what factors have led to decline of the cotton textile industry in Osaka
Answers
The cotton textile industry was established in Osaka owing to a number of factors such as easy accessibility and availability of land and water, good climate, well-developed transportation networks and adequate labour.
Question:
what factors have led to decline of the cotton textile industry in Osaka?
Answer:
The cotton textile industry was established in Osaka owing to a number of factors such as easy accessibility and availability of land and water, good climate, well-developed transportation networks and adequate labour.
Explanation:
(i) Britain imposed import duties on cotton textiles, thus export market got declined.
(ii) Exports of British goods to India increased. The Manchester goods flooded Indian markets.
(iii) The machine-made goods were cheaper and weavers could not compete with them.
Some More Information:
The most important area of cotton textile production was Lancachire county around the city of Manchester. The main factor that led to its decline in England was the spread of cotton textile industry to other countries like India where labour is much cheaper.