WESTWARD EXPANSION INDUSTRIALIZATION URBANIZATION 1870 1900
SECOND INDUSTRIAL REVOLUTION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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High production
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High quality
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Low production
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Made at home
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Detailed explanation-1: -What Is a Cottage Industry? A cottage industry is a small manufacturing business that is owned and operated by an individual or a family, typically operating out of a home rather than a purpose-built facility. Cottage industries are defined by the small amount of investment that is required to start one.
Detailed explanation-2: -Simply put, the cottage industry refers to a period of time in which goods for sale were produced on a very small scale, usually in a home. In this system, people produced goods, such as wool, in their homes or on their own farms and then sold it to local communities since long distance transportation was uncommon.
Detailed explanation-3: -The CI produces hand made products while the FS uses machinery. In the CI the workers manufacture individual articles while in the FS they use mass priduction.
Detailed explanation-4: -The Industrial Revolution shifted from an agrarian economy to a manufacturing economy where products were no longer made solely by hand but by machines. This led to increased production and efficiency, lower prices, more goods, improved wages, and migration from rural areas to urban areas.