Workers were resistant to the changes in the factories. This was mostly because employers were making efficiency improvements by making the workers do more work for the same pay.
workers who were "Reds" or communists
factory owners
The government remained neutral during labor actions, preferring to let factory owners handle each situation.
The main concern of factory owners historically has been maximizing profits while minimizing costs. This often involved prioritizing efficiency and productivity, which sometimes led to the exploitation of labor through long hours, low wages, and unsafe working conditions. Additionally, factory owners were concerned with maintaining a competitive edge in the market, which influenced their decisions regarding technology, workforce management, and compliance with regulations. Balancing these interests while responding to labor demands and public scrutiny was a constant challenge.
Factory owners were in fact "industrialization". Because the industrial base of the North was a significant one, it allowed factory owners to buy equipment from other factories to replace worn parts and add to their factory's output.
Factory owners reacted with violence
Type your answer here... free factory workers were treated worse than slaves.
Investment from factory owners is equity and it is shown in balance sheet of business.
workers who were "Reds" or communists
The free enterprise system allowed factory owners to operate with minimal government intervention, enabling them to set prices, determine production levels, and pursue profits freely. This fostered competition, which incentivized innovation and efficiency among factory owners to improve their products and reduce costs. However, it also meant they faced risks from market fluctuations and competition, compelling them to adapt quickly to consumer demands and economic changes. Overall, the free enterprise system empowered factory owners but also placed pressure on them to perform effectively in a dynamic market.
factory owners
The government remained neutral during labor actions, preferring to let factory owners handle each situation.
The government remained neutral during labor actions, preferring to let factory owners handle each situation.
The main concern of factory owners historically has been maximizing profits while minimizing costs. This often involved prioritizing efficiency and productivity, which sometimes led to the exploitation of labor through long hours, low wages, and unsafe working conditions. Additionally, factory owners were concerned with maintaining a competitive edge in the market, which influenced their decisions regarding technology, workforce management, and compliance with regulations. Balancing these interests while responding to labor demands and public scrutiny was a constant challenge.
Factory owners would be compelled to meet demands for better pay and working conditions primarily through collective bargaining and organized labor strikes, which disrupt production and highlight worker solidarity. Public pressure and consumer advocacy can also play a significant role, as consumers increasingly favor ethically produced goods. Additionally, government regulations and labor laws can enforce minimum standards, pushing owners to comply with better practices to avoid legal repercussions and maintain their workforce.
Factory owners were in fact "industrialization". Because the industrial base of the North was a significant one, it allowed factory owners to buy equipment from other factories to replace worn parts and add to their factory's output.
They didnt.