The factory system is a method of manufacturing that emerged in the late 18th and early 19th centuries, characterized by the concentration of labor and machines in a single location to produce goods on a larger scale. This system allowed for increased efficiency and productivity, as workers specialized in specific tasks and utilized mechanized equipment, which contributed to the rapid growth of industries such as textiles and manufacturing. The factory system played a crucial role in transforming economic and social structures during this period.
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