Which of the following occurred when the factory system began?
A) All the materials and labour required to produce items in massive quantities were brought to one place.
B) The size and economic power of some firms meant that other businesses had difficulty competing against them.
C) It produced captains of industry who were interested in meeting the needs of the customer.
D) A laissez-faire management process developed.
E) Factory workers became owners through ESOPs.
Correct Answer:
Verified
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