Category: Business

Impact Of The Industrial Revolution On Craftsmen In Europe

The Industrial Revolution, marked by groundbreaking technological advancements and significant social changes, left a lasting impact on craftsmen across Europe. To understand this, it is important to appreciate the status of craftsmen in society before industrialization. Their skills and work contributed immensely to the economic and cultural spheres of the community. However, there would be […]

What Was The European Guild System?

The European Guild System, a notable feature of the early modern period in Europe, had far-reaching implications for the continent’s economic, social, and cultural processes. Originating in the medieval period, guilds were highly effective institutions that controlled commerce, practiced craftsmanship, and worked to preserve excellence in goods across many sectors. They were created to oversee […]

Small Businesses In The USA Have A Far Way To Go To Get Back To The Pre-Pandemic Levels

The widespread economic disruption triggered by COVID-19 in the USA had left the small business segment battered and bruised. The initial impact of the pandemic in America in March 2020 was extremely shocking, both for health and the economy. Rampant closure of businesses almost overnight and surging unemployment that reached levels never seen since the […]

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