Assertion a new technology was expensive and merchants and industriali...
The assertion in this statement is that a new technology was expensive and caused concern among merchants and industrialists because the machines offered broke down and repair was costly.
The reason provided for this concern is that the machines broke down frequently and repair was costly. This suggests that the new technology was unreliable and not cost-effective for merchants and industrialists to use.
Without further context, it is difficult to determine the accuracy of this assertion. It could be that the new technology was indeed expensive and prone to breaking down, leading to concerns among merchants and industrialists. However, it is also possible that there are other factors at play, such as competition from other technologies or challenges in implementing the new technology.
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Assertion a new technology was expensive and merchants and industriali...
Introduction:
During the Industrial Revolution, new technologies were introduced that revolutionized the way goods were produced. However, some of these technologies were expensive and caused concerns among merchants and industrialists. One of the main reasons for their concerns was the high cost of repairs when the machines offered broke down.
High Cost of the New Technology:
1. The introduction of new technologies during the Industrial Revolution required significant investment from merchants and industrialists.
2. These technologies, such as steam engines and power looms, were expensive to purchase and install in factories.
3. The initial cost of acquiring the new technology was a significant burden for many merchants and industrialists, especially the small-scale ones.
Breakdown of Machines:
1. One of the reasons why merchants and industrialists were concerned about using the new technology was the frequent breakdown of the machines.
2. The machines introduced during the Industrial Revolution were often complex and prone to mechanical failures.
3. Lack of proper maintenance and understanding of the machines' operations led to frequent breakdowns.
4. When a machine broke down, it caused disruptions in the production process, leading to delays and financial losses for the merchants and industrialists.
Costly Repairs:
1. Another reason for concern among merchants and industrialists was the high cost of repairing the new machines.
2. The complex nature of the machines made them difficult to repair, requiring specialized knowledge and skills.
3. Repairing the machines often involved sourcing expensive spare parts and hiring skilled technicians.
4. The cost of repairs added to the already high investment in acquiring the new technology, further burdening the merchants and industrialists financially.
Conclusion:
The high cost of the new technology and the frequent breakdowns of the machines, coupled with the expensive repairs, caused concerns among merchants and industrialists. The initial investment required to acquire the new technology and the subsequent financial burden of repairing the machines made it difficult for many merchants and industrialists to fully embrace and benefit from the new technologies. Despite these challenges, however, the Industrial Revolution brought about significant advancements in manufacturing processes and played a crucial role in shaping the modern world.
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