Comparison table – factory and manufactory

Comparison line Manufactory Factory
Organization of the technological process Could be both centralized and scattered Large centralized enterprise
Labor tools Manual labor, division of labor Use of machines, including steam
Energy security Low energy costs, use of traditional types of energy – wind and water High energy availability of production (use of steam energy)
Capital investment The investment is small, the merchant could organize the enterprise alone High capital investment requiring equity capital

 

Remember: The process of learning a person lasts a lifetime. The value of the same knowledge for different people may be different, it is determined by their individual characteristics and needs. Therefore, knowledge is always needed at any age and position.