(a) ** workers in Britain attacked the Spinning Jenny because it speeded up the spinning process, and consequently, reduced labour demand. This caused a valid of unemployment among **** working in the woollen industry. Till date, they had survived on hand spinning, but this was placed in peril by the new machine.
(b) In the seventeenth century, merchants from towns in Europe began employing peasants and artisans within the villages because production in urban areas could not be increased due to the presence of powerful trade guilds. These maintained control over production, regulated prices and competition, and restricted the entry of new people in the trade. Monopolisation was also a common tactic. In the countryside, there were no such rules, and impoverished peasants welcomed these merchants.
(c) The port of Surat declined by the end of the eighteenth century on account of the growing power of **** companies in trade with India. They secured many concessions from local courts as well as the monopoly rights to trade. This led to a decline of the old ports of Surat and Hoogly from where local merchants had operated. Exports slowed and local banks here went bankrupt.
(d) The East India Company appointed gomasthas to supervise weavers in India to establish a more direct control over the weavers, free of the existing traders and brokers in the cloth trade. The gomasthas were the paid servants who supervised the weavers, collected supplies and examined the quality of cloth. The gomasthas ensured that all management and control of the cloth industry came under the British. This helped in eliminating competition, controlling costs and ensuring regular supplies of cotton and silk products.
