Title: Factory System: Meaning, Evolution and Merits
Headings: Factory System: Meaning, Evolution and Merits
Factory System: Meaning, Evolution and Merits
Meaning of Factory System:
Evolution of Factory System:
Impact of Factory System on Labour and Management:
The modern system of manufacturing has given rise to many problems of various nature, such as:
Economic Development of Factory System:
The economic development of industries can roughly be classified in the following three stages:
(a) Family or Household System:
(b) Handicraft System:
(c) Factory System:
Technological Development of Factory System:
1. Government Policy:
2. Technological Change:
Fields of Technical Changes:
Following are some of the important fields of technical changes, which have effected the social life considerably:
(i) Mechanisation of Industries:
Mechanisation of industries due to technical develop­ment effects the society in different ways, some of them are described hereunder:
(a) Factory System:
(b) Urbanisation:
(c) Rise to New Class:
(d) Easy Working:
(ii) Development in the Means of Transport:
(iii) Development in the Means of Communication:
(iv) Introduction of New Agricultural Techniques:
Merits of Factory System:
Demerits of Factory System:
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Content: (iii) Development of means of Communication. ADVERTISEMENTS: (iv) Introduction of new Agricultural techniques. (i) Mechanisation of Industries: Mechanisation of industries due to technical develop­ment effects the society in different ways, some of them are described hereunder: (a) Factory System: Mechanisation of industries has given birth to factory system. In this system in place of individual production or job production, integrated plants are installed for mass production. Thousands of people are employed in big industries and high managerial techniques are required to control them. Now-a-days the labour control is becoming a problem with rapid switching over to such industries for high production.