The Investment And Effects Of Arkwright's Factory System

From the beginning of 1770s,the British cotton industry developed rapidly and become the largest industry of England textile industry from a small branch of it just in a few years.So the cotton industry is considered the most revolutionary industry in English Industrial Revoluton.This is not only due to the inventions of textile technology,but also because of the establishment and development of the new form of production organization—factory system.Richard Arkwright as the Water Frame's"inventor" and the founder of the factory system,plays a vital role in the development of the British textile industry and the formation of the factory system.This article is divided into four parts,with the rise of the cotton textile industry as the breakthrough point,focus on the study of the characteristics of Arkwright's factories and its demonstration effects.The first chapter mainly discusses the emergence of Britain cotton industry and its development of technology and organization form,and then briefly introduces the process of Arkwright enter the cotton textile industry and get the Water Frame's right of invention.British society urgently needs new cotton spinning technology to balance the imbalance of spinning and weaving production caused by the invention of shuttle before Arkwright's.The early factory form that using a simple machine for concentrated production has already emerged in various fields of textile industry,but because of imperfect machine hasn't achieved rapid development.The second chapter largely expounds the establish of Arkwright's factories from two aspects of location and fund-raising process.The Cromford mill was Arkwright's first successful water spinning factory,it's choice of site mainly considered the the original industrial basic and water resources,labor and other conditions;In the way of raising funds,Arkwright principal rely on attracting investment partner,loans and other ways to get the initial capital for create a factory.After gain the preliminary profits,use the forms of back to throw the profits continually and set up more factories in other places to expand capital.The third chapter elaborates the production and operation of Arkwright's spinning factory from the aspects of technical improvement and labour recruitment and management.Pointed out that it was Arkwright first planning new scattered inventions and technology reasonable into a unified system of the factory system,and using complete power system for concentrated production on a large scale.And through decades of development,the basic elements of modern factory management.in the respects of the plant community construction,the working hours and shifts of workers and others displayed initially.The fourth chapter principally analyzes the influence of Arkwright's factories for the progress of factory system.Excited by Arkwright's huge success,other manufacturers have established the spinning factory by learning Arkwright's successful experience in the production and business operation;This boom of investment into spinning factories promoted the factory system's expansion and development into perfect in the field of cotton textile industry.The modern factory system has established in the field of cotton textile industry firstly on the basis of Arkwright's factory pattern.