Keen argues that all factors of production can add new value to outputs. The system that were so easy that when You think about it now smile can appear on Your face. The system thanks to whom Your virtual money multiple by tens, hundreds, thousands or more in short term. Find more ways to say factory, along with related words, antonyms and example phrases at Thesaurus.com, the world's most trusted free thesaurus. Factory definition is - a station where factors reside and trade. Lowell Mill Girls and the factory system, 1840 | Lowell, Massachusetts, named in honor of Francis Cabot Lowell, was founded in the early 1820s as a planned town for the manufacture of textiles. Definition: An economic system that is driven by the "common good," which focuses on equality and is publicly owned; considered a command economy. factors of production in a sentence - Use "factors of production" in a sentence 1. 2. a fortress style prison characterized by a factory system exploiting inmate labor. How to use factory in a sentence. The main characteristic of the factory system is the use of machinery, originally powered by water or steam and later by electricity. divided inmates into three classes: most difficult placed in solitary, less dangerous spent part of the day in solitude and worked the rest of the time in groups, and the "least guilty" worked together throughout the day and were separated only at night when they returned to their individual cells. Unlike a legal defense, it cannot lead to the acquittal of the defendant.The opposite of a mitigating factor is an aggravating factor The factory system was first adopted in Britain at the beginning of the Industrial Revolution in the late eighteenth century and later spread around the world. It is conventionally contrasted with such other factors of production as capital. History >> Industrial Revolution The factory system was a new way of making products that began during the Industrial Revolution. In criminal law, a mitigating factor, also known as extenuating circumstances, is any information or evidence presented to the court regarding the defendant or the circumstances of the crime that might result in reduced charges or a lesser sentence. they work with there family but it is a lot slower process than the factory system. With the exception of a few engineers in the factory, the bulk of the work force were essentially unskilled. Sentence: Capitalism is an economic system based on private ownership of the means of production and capital goods. The factory system used powered machinery, division of labor, unskilled workers, and a centralized workplace to mass-produce products. They had their own job to do over a set number of hours. Another word for factory. Whereas those in the domestic system could work their own hours and enjoyed a degree of flexibility, those in the factories were governed by a clock and factory rules. 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