ECONOMICS
ECONOMIC DEVELOPMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Cartel
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Corporation
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Factory
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Urbanization
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Detailed explanation-1: -The system arose in the course of the Industrial Revolution. The factory system replaced the domestic system, in which individual workers used hand tools or simple machinery to fabricate goods in their own homes or in workshops attached to their homes.
Detailed explanation-2: -In sociology, industrial society is a society driven by the use of technology and machinery to enable mass production, supporting a large population with a high capacity for division of labour.
Detailed explanation-3: -When Was the Industrial Revolution? The first Industrial Revolution began in Great Britain in the mid-to-late 1700s when innovation led to goods being produced in large quantities due to machine manufacturing.
Detailed explanation-4: -The Industrial Revolution changed the way that goods are produced and gave birth to mass production, by the division of labour and the increasing prevalence of machines in factories. People and society were changed as an impact of mass production and the evolvement of factories.