History, asked by AALOYASH, 1 year ago

What were the problems England face in trade of textile ?

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Answered by fashionofpalika321
2

hello mates

It suggests that textiles and clothing industries are important in economic and social terms, in the short-run by providing incomes, jobs, especially for women, and foreign currency receipts and in the long- run by providing countries the opportunity for sustained economic development in those countries.The long-term problems of the industry include the slow pace of modernisation, outdated technology resulting in low productivity, the high cost of production, low profitability and increasing sickness of mills....

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