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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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∙ 10y 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.
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 colonial shipping?
By starting the Navigation Act :)
How did England profit from colonial shipping?
By starting the Navigation Act :)
