Prompt:
What is meant by the term “industrious revolution?” What role did merchant guilds play in the urban economy? Why did Adam Smith and other economists of the era think that guilds were obstacles to progress and innovation? In your education opinion, and based on your research, what makes Smith’s view revolutionary for the time? Did the older guild system represent more economic freedom for women, or was Smith’s free market economy system more liberating?
Begin by first researching the topic(s). Then write the essay. You must research and cite a minimum of three individual sources to answer the prompts.
