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- Examples include systems for producing specialized machine tools or heavy-duty construction equipment, specialty chemicals, and processed food products, or, in the service sector, the system for processing claims in a large insurance company. Batch production systems are often referred to as job shops.www.britannica.com/money/production-system
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Factory system - Wikipedia
The factory system is a method of manufacturing using machinery and division of labor. Because of the high capital cost of machinery and factory buildings, factories are typically privately owned by wealthy individuals or corporations who employ the operative labor. Use of machinery with the division of labor … See more
The defining characteristics of the factory system are:
• The factory system is considered by economists a form of See moreMuch manufacturing in the 18th century was carried out in homes under the domestic or putting-out system, especially the See more
Antiquity
In Ancient Sumer around 3000 BC, the Ancient Mesopotamian economy began to develop a version … See moreWikipedia text under CC-BY-SA license Factory system | Overview, History, & Facts | Britannica
WEBfactory system, system of manufacturing that began in the 18th century and is based on the concentration of industry into specialized—and …
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WEBFactory system, system of manufacturing that began in the 18th century and is based on the concentration of industry into specialized and often large establishments. The system arose during the Industrial …
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