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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 are typically privately owned by wealthy individuals … See more
Antiquity
In Ancient Sumer around 3000 BC, the Ancient Mesopotamian economy began to develop a version … See moreThe defining characteristics of the factory system are:
• The factory system is considered by economists a form of 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 WEBfactory system, system of manufacturing that began in the 18th century and is based on the concentration of industry into specialized—and …
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 …
WEBMay 8, 2024 · Eli Whitney (born December 8, 1765, Westboro, Massachusetts [U.S.]—died January 8, 1825, New Haven, Connecticut, U.S.) was an American inventor, mechanical engineer, and …
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