Artisans

Cottage Industry
A cottage industry is a system of production where goods are manufactured by artisans or workers at their homes rather than in factories. These are often small-scale and involve manual or semi-mechanized operations.
Guild
A guild is a medieval organization that functioned as a precursor to modern unions, typically encompassing associations of artisans or merchants. Today, it refers to any association representing the interests and needs of a particular professional or business group.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.