Mention three characteristics of the Factory system.
Answers
Answer:
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Explanation:
Explanation:The factory system is considered a form of production. The operative labour goes not own a significant share of the enterprise. The capitalist owners provide all machinery, buildings, management and administration, raw or semi-finished materials and are responsible for the sale of all production, as well as any resulting losses.
Explanation:The factory system is considered a form of production. The operative labour goes not own a significant share of the enterprise. The capitalist owners provide all machinery, buildings, management and administration, raw or semi-finished materials and are responsible for the sale of all production, as well as any resulting losses.Use of unskilled labour – Before the factory some systems had many products such as shoes and muskets were made by skilled craftsmen who usually custom-made an entire article. In contrast, factories practiced division of labour, in which most workers were either low skilled labourers who tended or operated machinery, or unskilled labourers who moved materials, semi-finished and finished goods. There were a few skilled mechanics. Division of labour was also practiced by the putting out system in which, for example, pieces of leather were cut off-site and brought to a central shop to be made into shoes or other articles.[2]
Explanation:The factory system is considered a form of production. The operative labour goes not own a significant share of the enterprise. The capitalist owners provide all machinery, buildings, management and administration, raw or semi-finished materials and are responsible for the sale of all production, as well as any resulting losses.Use of unskilled labour – Before the factory some systems had many products such as shoes and muskets were made by skilled craftsmen who usually custom-made an entire article. In contrast, factories practiced division of labour, in which most workers were either low skilled labourers who tended or operated machinery, or unskilled labourers who moved materials, semi-finished and finished goods. There were a few skilled mechanics. Division of labour was also practiced by the putting out system in which, for example, pieces of leather were cut off-site and brought to a central shop to be made into shoes or other articles.[2]Economies of scale – Factories produced products on a much larger scale than the putting out or crafts systems. Because factories could oversupply local markets, access to transportation was important so that goods could be widely distributed. Factories used far less manpower per unit of production and therefore lowered product cost.