Compare and contrast british and american textile manufacturers

The first difference was, British and American textile manufacturers revolution started at different time periods.

Secondly, British and American textile manufacturers location was different.

Now if we think of similarities,then

Firstly,both British and American textile manufacturers' revolution used child labour.

Secondly,some of the causes of textile manufacturers revolution were for an economic change.

Thirdly, social structure was similar in British and American society when textile manufacturers revolution took place, both had democracy.

Fourthly,working conditions were similar during textile manufacturers revolution in Britain and America,which can be said to be horrible for workers.Worker's safety was ignored most of the time.

answer: capitalism and socialism are formal economies. the major differences between capitalism and socialism revolve around the role of the government and equality of economics. capitalism affords economic freedom, consumer choice, and economic growth.

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