THE VIRGINIA DYNASTY 1801 1825
AMERICAN INDUSTRIALIZATION FACTORY SYSTEM AND MARKET REVOLUTION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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How did the factory system contribute to the rapid industrialization of the US?
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by creating a way for Disney to sell movies
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by relying on skilled artisans to create custom goods
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by making the production of goods more efficient
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by making the distribution of goods less costly
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Explanation:
Detailed explanation-1: -The factory system of the Industrial Revolution introduced new ways of making products. Products could be made cheaper, faster, and in larger volume.
Detailed explanation-2: -Factories and the machines that they housed began to produce items faster and cheaper than could be made by hand. As the supply of various items rose, their cost to the consumer declined (see supply and demand).
Detailed explanation-3: -Railroads expanded significantly, bringing even remote parts of the country into a national market economy. Industrial growth transformed American society. It produced a new class of wealthy industrialists and a prosperous middle class.
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