Question
How did devices such as the Spinning Jenny affect Britain's economy? The Spinning Jenny helped Britain build powerful weapons that they used to colonize smaller nations. __ __ __ D to fall and an economic __
Answer
3.2
(96 Votes)
Zebulon
Elite · Tutor for 8 years
Answer
The Spinning Jenny primarily impacted Britain's economy by revolutionizing the textile industry. It accelerated production, leading to industrialization and increased exports. This resulted in economic growth but also contributed to price declines and periodic recessions due to oversupply. It didn't directly contribute to the development of powerful weapons or colonization efforts, but its role in industrialization indirectly influenced Britain's economic and geopolitical power.