The assigning of various duties to various workers rather than having one worker do an entire project. As a result, the worker becomes more specialized, more competent, and more productive.
industrial capitalist
One who invests capital in manufacturing.
merchant capitalist
One who invests capital in the buying, selling, and shipping of goods, but not in their production.
packet line
A shipping line that carried mail, passengers, and goods on a regular schedule.
technology
Industrial science. The study of how to improve industries through better machines, work schedules, factory organization.
