Question

What was protoindustrialisation ? Explain it's features

Answer 1

The period of industrialization before the first factories came up in Europe is termed as proto-industrialization. This period was marked by merchants from towns getting products made in villages.

Reasons for focus of merchants on villages: There were powerful trade and craft guilds in urban areas. These associations controlled competition and prices and prevented entry of a new player in the market. Because of them, it was difficult for new merchants to set business in towns.

Features of proto-industrialization

The merchants supplied money to the peasants in the countryside. They motivated them to produce products for an international market.Land was becoming scarce in villages. Small plots of land were not enough to meet the need of a growing population. Peasants were looking for some additional sources of income

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Answer 2

This term was coined by firstly F. F. Mendelssohn in 1972
Accoding to this, It is a possible phase in the development of modern industrial economics that preceded and created condition for establishment of fully industrial society