How Did the Emergence of the Factory System Change the Face

question 38

Essay

How did the emergence of the factory system change the face of American labor during the first half of the nineteenth century?

---

Definitions:

Horizontal Analysis

A financial analysis technique that involves the comparison of historical financial data over a series of reporting periods, to identify trends and growth patterns.

Income Statement

A financial statement that shows a company's revenues, expenses, and net income over a specific period, reflecting the company's financial performance.

Balance Sheet

A financial statement that shows a company's assets, liabilities, and shareholder equity at a specific point in time, offering a snapshot of its financial condition.

Stockholder

An individual or entity that owns shares in a corporation and therefore has a claim on part of its assets and earnings.