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The factory system was first adopted by successive entrepreneurs in Britain at the beginning of the Industrial Revolution in the late-eighteenth century and later spread around the world. It replaced the putting-out system (domestic system). See more
The factory system is a method of manufacturing using machinery and division of labor. Because of the high capital cost of machinery and factory buildings, factories … See more
Antiquity
In Ancient Sumer around 3000 BC, the Ancient Mesopotamian economy began to develop a version of the factory system that also featured the See moreThe defining characteristics of the factory system are:
• The factory system is considered by economists a form of production. The operative labour generally does not own a significant share of the enterprise. Under capitalism See moreMuch manufacturing in the 18th century was carried out in homes under the domestic or putting-out system, especially the weaving of cloth and the spinning of thread and yarn, … See more
Wikipedia text under CC-BY-SA license WEBFrancis Cabot Lowell. Related Topics: industrialization. factory system, system of manufacturing that began in the 18th century and is based on …
WEBSamuel Slater (June 9, 1768 – April 21, 1835) was an early English-American industrialist known as the "Father of the American Industrial Revolution ", a phrase coined by Andrew Jackson, and the "Father of …
WEBSamuel Slater and Francis Lowell both established a version of and improved on the British factory system in the United States. The factory system originated in Britain and American visitors relocated a version of …
WEBSir Richard Arkwright (born Dec. 23, 1732, Preston, Lancashire, Eng.—died Aug. 3, 1792, Cromford, Derbyshire) was a textile industrialist and inventor whose use of power-driven machinery and employment of a factory …
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