What economic principle is demonstrated by the chain of textile innovations described?
Answer
One technological advancement immediately exacerbates the weakness in the preceding step, driving the next innovation.
The sequence shows a dynamic system where one invention (like the Flying Shuttle) created a scarcity (yarn deficit), signaling the need for the next technological leap, driving successive innovation.
Related Questions
What 1733 invention by John Kay significantly increased the speed of weaving?What immediate bottleneck resulted from the increased speed provided by the Flying Shuttle?What was a noted weakness of the thread produced by James Hargreaves' Spinning Jenny?What was the revolutionary feature of Richard Arkwright's Water Frame patented in 1769?What quality of thread did the Water Frame produce that allowed for a shift in fabric composition?Which invention, arriving in 1779, successfully merged the speed capability of the Jenny with the strength mechanism of the Water Frame?By the 1790s, approximately how much did the Spinning Mule reduce the time needed to spin 100 pounds of cotton compared to manual labor?What invention in 1785 addressed the production bottleneck that shifted back to weaving?What was the primary purpose of Eli Whitney's Cotton Gin, invented in 1793?What economic principle is demonstrated by the chain of textile innovations described?