ABSTRACT
Presently, however, i n early modern times, larger hold ings of property came to be employed i n the i t inerant trade, and investment for a profit found i ts way into this trade as also into the handicraft system proper. The processes of industry grew more extensive and round about, the specialisation of occupations ("divis ion of
2 3 3 labour") increased, the scale of organisation grew larger, and the practice of employing impecunious workmen i n organised bodies under the direction of wealthier masters came to be the prevailing form taken by the industry of the t ime.
