Randall Newman distributes rawhide to several different homes.In turn, each household produces a product such as satchels, belts, shoes, and boots, and then Randall sells the finished goods.This represents a(n)
A) oligopoly.
B) domestic system.
C) system of specialisation.
D) factory system.
E) barter system.

Question

Quizplus · Accepted Answer

The distribution of raw materials to several different homes and the production of finished goods in each home represents a domestic system, which was a common form of production before the rise of factories and industrialization.

Randall Newman Distributes Rawhide to Several Different Homes