Analysis of information sources in references of the Wikipedia article "חברה מתועשת" in Hebrew language version.
The empirical findings cast doubt on views that guilds existed because they were efficient institutional solutions to market failures relating to product quality, training, and innovation.
{{cite web}}: (עזרה)The empirical findings cast doubt on views that guilds existed because they were efficient institutional solutions to market failures relating to product quality, training, and innovation.
{{cite web}}: (עזרה)Before the advent of the Industrial Revolution, [...] [m]ost manufacturing was done in homes or small, rural shops, using hand tools or simple machines.
As the Industrial Revolution proceeded, the main focus of economic attention shifted to the new industries created by Britain's technological prominence. These industries looked not for protection but for an opening of export markets. As the political economy shifted, the West Indian interest became vulnerable to their opponents. The slave trade was abolished in 1807 and slavery eventually abolished in 1833.
{{cite web}}: (עזרה)Some argue that slavery died out due to the rise of industrial production modes, involving a larger number of work tasks, thus making slavery more costly in terms of supervision.