explain the factory system vof production
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The factory system is a method of manufacturing using machinery and division of labour. Because of the high capital cost of machinery and factory buildings, factories were typically privately owned by wealthy individuals who employed the operative labour. Use of machinery with the division of labour reduced the required skill level of workers and also increased the output per worker
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The factory system is a method of manufacturing using machinery and division of labour. Because of the high capital cost of machinery and factory buildings, factories were typically privately owned by wealthy individuals who employed the operative labour.
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