Impact Of The Wage System On The Industrial Revolution
2. What was the wage system that was imposed in the Industrial Revolution? How did this new system of payment affect the new working class? What impact did it have on women and children? How did this new wage system impact factory work and regulations? How did the Wage System impact living conditions of industrial workers? Include all key ideas and themes.
A system of paying people based on other factors that affected the price of the product produced and how much money the employers could pay the employees o Under this system, the “master” was both a worker and an employer o Wage determining system:
Products need to be produced as cheaply as possible
Wages are set in relation to other costs of production
A system of paying people based on other factors that affected the price of the product produced and how much money the employers could pay the employees o Under this system, the “master” was both a worker and an employer o Wage determining system:
Products need to be produced as cheaply as possible
Wages are set in relation to other costs of production