Explain the correlation between Shakespeare and the economy.
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Explanation:

Shakespeare is an exemplar both of the influence of individual economic circumstances on processes of literary production, and of the effect of the wider economic context on the content and impact of literary works. At a personal level, his career illustrates clearly the ways in which the market for a writer’s output affects the quantity and nature of the work produced. Perhaps the image of a great artist as a genius oblivious to the financial realities of everyday life persists in the popular imagination, but Shakespeare was far from such a case. He lived at a time when the theatre was becoming more professionalized and there was a growing market for plays. The theatre industry in London was marked by competition between production companies whose business models, in present-day management speak, were attuned to the opportunities of the marketplace. Shakespeare rode the wave with skill and determination such that at his death in 1616 he was both the most famous and most financially successful playwright of his time.

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question - in 1827, john walker, a druggist in a small english town, tipped a splint with sulphur, chlorate of potash, and sulphid of antimony, and rubbed it on sandpaper, and it burst into flame. the druggist had discovered the first friction-chemical match, the kind we use to-day. it is called friction-chemical because it is made by mixing certain chemicals together and rubbing them. although walker's match did not require the bottle of acid, nevertheless it was not a good one. it could be lighted only by hard rubbing, and it sputtered and threw fire in all directions. in a few years, however, phosphorus was substituted on the tip for antimony, and the change worked wonders. the match could now be lighted with very little rubbing, and it was no longer necessary to have sandpaper upon which to rub it. it would ignite when rubbed on any dry surface, and there was no longer any sputtering. this was the phosphorus match, the match with which we are so familiar. according the paragraph what was the benefit of the new phosphorus match? it burst into flame when rubbed on sandpaper. it was made by mixing chemicals. it could be ignited on any dry surface. it threw fire in all directions.

answer - matches required natural chemicals