Women In The Mills Of Lowell Essay

Women in the Mills of Lowell, Massachusetts

In 1810, Francis Cabot Lowell returned from England. He brought with him plans for the first power loom textile factory in the U.S. He built the factory beside a waterfall on the Merrimack River. He did this so he could use waterpower to operate large looms to weave cloth. After a while, the factory turned a small farming village into a successful industrial town. When Lowell died, the factory was renamed in his honor. 90 percent of the workers were women. Women were only payed around 2 to 3 dollars an hour. This is around half the wages men would make. I believe this was unfair treatment. Men and women should be payed the same if they are completing the same tasks. I found this article to be both interesting and informative.

The Basics: Economy and Work

There are three sectors of the economy, which are primary, secondary, and tertiary. The primary sector draws raw materials from the natural environment. The primary sector is largest in low income nations. The secondary sector transforms raw materials into manufactured goods. The tertiary deals with services rather than goods. This sector dominates both high and low income

The two main economic systems are capitalism and socialism. Capitalism is an economic system in which natural resources and the means of producing goods and services are privately owned. In capitalism, there is an emphasis put on personal profit and a stress on competition. The U.S. is not completely capitalized. The government plays a large role in our economy. The government owns and operates places such as schools, roads, and parks. Socialism is an economic system in which natural resources and the means of producing goods and services are collectively owned. In socialism, there is little to no commercial advertising. I found this video to be extremely