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 privatized and 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.
The factory system was first adopted in Britain at the beginning of the Industrial Revolution in the late 18th century and later spread around the world.[1] It replaced the putting-out system. The main characteristic of the factory system is the use of machinery, originally powered by water or steam and later by electricity. Other characteristics of the system mostly derive from the use of machinery or economies of scale, the centralization of factories, and standardization of interchangeable parts.
The reason is that the country was in a lot of debt
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America defeated Great Britain during the 1780s, won the battle, and set up a system of government. This composed of success, confrontation, political and economic turmoil and development. The American Revolutionary War concluded in 1783, with George Washington becoming America's first president elected in 1789.
After the battle, the nation had great debt and France just lent money at immense inflation. Paper currency has little value, and coins that caused a major economic recession were hard to obtain. The accumulation of debt and failure to pay debt contributed to revolts like Shay's uprising. For contrast, the United Kingdom declined to buy US goods.
While American colonists in the 1780s had trouble, if this decade of litigation, errors, progress and independence, the nation would not be that today.
Hinduism and Buddhism exerted an enormous influence on the civilizations of Southeast Asia and contributed greatly to the development of a written tradition in that area. About the beginning of the Common Era, Indian merchants may have settled there, bringing Brahmans and Buddhist monks with them. These religious men were patronized by rulers who converted to Hinduism or Buddhism. The earliest material evidence of Hinduism in Southeast Asia comes from Borneo, where late 4th-century Sanskrit inscriptions testify to the performance of Vedic sacrifices by Brahmans at the behest of local chiefs. Chinese chronicles attest an Indianized kingdom in Vietnam two centuries earlier. The dominant form of Hinduism exported to Southeast Asia was Shaivism, though some Vaishnavism was also known there. Later, from the 9th century onward, Tantrism, both Hindu and Buddhist, spread throughout the region.
True! The people who worked in factories and mills during the Industrial Revolution worked in very poor working conditions, which included fourteen hour workdays.
