The Putting Out System
The Putting Out-Systems and its effects on production labor and accumulation of Profit
Priscilla Palomo
Period Paper 2
US History DE 3/4B-S53
12/2/2013
The Putting-Out System is a production of goods at home under the supervision of a merchant that also gave control of production to merchant capitalist. Agricultural laborers and farmers were the ones who would perform certain tasks and would benefit by making money on the side with spare time on their hands. The system later economically made a growth during the industrial time period. Merchant Credit in the Putting-Out system would receive an advanced payment and did not have a lot of options to gain production that was being made. A demand in the production of raw materials existed as well as “intersection with trade”. 1 Risks were involved during the system by profits being produced in mining. There was a question weather the Middle Ages had a part in the existence in the putting-out system in market economy as well as other uses that there might have been because there is a need of knowing what kind of investment was being made.
Credit in Russia or Livonia gave their people loans to support themselves after disasters that affected the living ways. When it was time to pay back the money that was being lend to the peasants, they were not able to return the cash because of great debt they were in. The punishment was nothing more but to work as self-labor. The communication today between merchants from the Italy world and Neapolitan and their transportation of agricultural goods was not understood very well because they chose a different pathway that later might affect their hands on the supplies that Neapolitans would get. Crisis in the 16th century gained a rise of prices in grain that led to the peasants receiving payments “for supplies of silk and agricultural products.”2 Even with the expansion of agricultural in central-eastern Europe, Western Europe still had a higher economy.
“Gdansk
Priscilla Palomo
Period Paper 2
US History DE 3/4B-S53
12/2/2013
The Putting-Out System is a production of goods at home under the supervision of a merchant that also gave control of production to merchant capitalist. Agricultural laborers and farmers were the ones who would perform certain tasks and would benefit by making money on the side with spare time on their hands. The system later economically made a growth during the industrial time period. Merchant Credit in the Putting-Out system would receive an advanced payment and did not have a lot of options to gain production that was being made. A demand in the production of raw materials existed as well as “intersection with trade”. 1 Risks were involved during the system by profits being produced in mining. There was a question weather the Middle Ages had a part in the existence in the putting-out system in market economy as well as other uses that there might have been because there is a need of knowing what kind of investment was being made.
Credit in Russia or Livonia gave their people loans to support themselves after disasters that affected the living ways. When it was time to pay back the money that was being lend to the peasants, they were not able to return the cash because of great debt they were in. The punishment was nothing more but to work as self-labor. The communication today between merchants from the Italy world and Neapolitan and their transportation of agricultural goods was not understood very well because they chose a different pathway that later might affect their hands on the supplies that Neapolitans would get. Crisis in the 16th century gained a rise of prices in grain that led to the peasants receiving payments “for supplies of silk and agricultural products.”2 Even with the expansion of agricultural in central-eastern Europe, Western Europe still had a higher economy.
“Gdansk