Business Studies, asked by samanwitaparid9529, 1 year ago

Why most of producers were reluctant to use new technology?

Answers

Answered by dhananath77
40
1. New technologies and machines were expensive, so the producers and the industrialists were cautious about using them.
2. The machines often broke down and the repair was costly.
3. They were not as effective as their inventors and manufacturers claimed.
4. Poor peasants and migrants moved to cities in large numbers in search of jobs. So the supply of workers was more than the demand. Therefore, workers were available at low wages.
5. A range of products could be produced only with hand labour. Machines were oriented to producing uniforms, standardized goods for a mass market. But the demand in the market was often for the goods with intricate designs and specific shapes.
Answered by atul7898
5

Answer:

i) Expensive new technology: New technologies and machines were expensive, so the pioducers and the industrialists were cautious about using them.

(ii) Costlier repair : The machines often broke down and the repair was costly.

(iii) Less effective : They were not as effective as their inventors and manufacturers claimed.

(iv) Availability of cheap workers : Poor peasants and migrants moved to cities in large numbers in search of jobs. So the supply of workers was more than the demand. Therefore, workers were available at low wages.

(v) Uniform machine-made goods: A range of products could be produced only with hand labour. Machines were oriented to producing uniforms, standardised goods for a mass market. But the demand in the market was often for goods with intricate designs and specific shapes.

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