The industrial system; an inquiry into earned and unearned income . As soon as he came to realise the business as a whole, he wouldrecognise that in the counting-house or the bank there was somemoney that belonged to the business. A shop assistant or a mercantile clerk, who was not engaged inmaking goods but in collecting them, arranging and selling them,would find the general structure of his business similar, though thesort of work done and the instruments were different : plant wouldplay a smaller part, there being very little machinery or tools;materials and stock would only be a different
The industrial system; an inquiry into earned and unearned income . As soon as he came to realise the business as a whole, he wouldrecognise that in the counting-house or the bank there was somemoney that belonged to the business. A shop assistant or a mercantile clerk, who was not engaged inmaking goods but in collecting them, arranging and selling them,would find the general structure of his business similar, though thesort of work done and the instruments were different : plant wouldplay a smaller part, there being very little machinery or tools;materials and stock would only be a different arrangement of thesame goods, and would occupy a much more prominent place ; asbuying and selling seemed the soul of such businesses, money wouldbulk larger in his conception of the A farm labourer would see his business as a different sort ofcomposition : land, which formed a small element in the factorypremises, and did not bulk very large even in the city warehouseor shop, would occupy a very prominent place in the farm ;machinery might be a small factor, and the number of employeesvery few. A BUSINESS 3 The bricklayer working for a firm of builders would, again, forma different idea of his business, which, except as regards a smallyard and office, was not really contained in fixed premises, butconsisted rather in a number of fluctuating contracts which affectedhim as jobs. But though the material outlines of his businesswould be less fixed and less clearly defined, he would cometo recognise that his employer was in control of a number ofworkers, business premises, a stock of building materials, and somemachinery, as well as money to buy materials and pay wages. To a keen observant worker the structure of the business in whichhe works would thus take shape, so
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Keywords: ., bookcentury1900, bookdecade1910, booksubjecteconomics, bookyear19
