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No, the early factory workers in New England and Europe did not profit much as most of them were overworked.

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11y ago

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What is the most important interest for a factory?

Profit.


Who wanted to profit from homestead act?

labors workers


Why did factory owners need capital?

Because 'capital' is the money that can be used to produce more wealth, i.e. profit. The goal of the factory owners in the 19th century was the same as of today's factory owners. They want to become rich, of course. If they have capital, they can invest some part of it to make their business (shop, factory) larger and to make their factories more productive by buying newer and newer machines which produce more products in a shorter period of time. Of course the factory owners have to pay the costs of the production (energy, raw material, shipping expenses, wages for workers, taxes). The remaining amount of money is their profit.


What people came from England in search of profit and gold?

New England.


What is the functional objectives for car factory?

To build cars and make a profit.


How does piracy affect business?

it makes the legitimate business owner to make no profit and when the profit decline, workers loss their jobs


After a business pays its workers and its bills what is the money left over called?

Profit


Why did England become a colonizing country?

England became a colonizing country mainly for profit.


According to the theory that profit arises from the exploitation of surplus labor, how does the capitalist system generate wealth through the extraction of additional value from workers beyond what is necessary for their wages?

In the capitalist system, profit is generated by extracting surplus labor from workers. This means that workers produce more value than what they are paid in wages. The capitalist system accumulates wealth by taking this extra value created by workers and turning it into profit for the owners of the means of production.


Can a non-profit organization keep earnings?

No. The whole point of a non-profit organization is that it's non-profit. All of their earnings go to their cause and all of the workers in the organization are volunteers.


What was the basic principle of the Marxist Theory?

The basic and underlying premise to Karl Marx theories were the concept of economic exploitation of labor. For example, a worker constructs an object, and the factory owner gains profit over its sale. Profit Marx argues profit removes from a workers just compensation (pay).


How did England profit from colonial shipping?

By starting the Navigation Act :)