The Industrial Revolution in the U.S.
Establishment of the cotton textile
industry in New England
1813 Samuel Slater’s water-powered mill:
mechanical weaving process in America
1813 Francis Cabot Lowell’s Manufacturing
Company in Waltham, MA
first cost-accounting system, specialization of
labor, departmental (functional) organization.
By 1839 ten new cotton and woolen mills in
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