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First, let's define "educated workforce." The Industrial Revolution occurred mainly in the the early to mid 1800s. It involved people moving from rural areas into bigger cities, and learning to use machinery in factories. But back then, few if any people attended college (this was something only the most upper-class elites did), and in fact, not that many attended high school.

What factory owners, who were the main employers, wanted was people who could at least read and write at a basic level; but more importantly, they sought people who were reliable, and people who knew how to use the many new (and complicated) machines. There was no expectation that the workforce would have degrees, but there was certainly an expectation that the workers would learn their jobs well, by mastering the new ways of manufacturing; this would enable them to make a good product.

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