Question

why did the Cotton Industry of England get into crisis?​

Answer 1

Answer:

It coincided with the interruption of baled cotton imports caused by the American Civil War and speculators buying up new stock for storage in the shipping warehouses at the entrepôt. The boom years of 1859 and 1860 had produced more woven cotton than could be sold and a cutback in production was needed.

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Answer 2

Question :-

why did the Cotton Industry of England get into crisis ?

Answer :-

It coincided with the interruption of baled cotton imports caused by the American Civil War and speculators buying up new stock for storage in the shipping warehouses at the entrepôt. The boom years of 1859 and 1860 had produced more woven cotton than could be sold and a cutback in production was needed.