Apprentice Term Analysis

...and the value of what the farm produces. Similarly, master artisans lend materials to their apprentices, pay their wages, and take a share of what they produce as profit. Some workers... (full context)

...For instance, in Europe, skilled tradespeople (“mechanics, artificers, and manufacturers”) must first go through an apprenticeship. During this time, someone else needs to pay for the worker’s subsistence, and everything they... (full context)

Fifth and finally, the odds of success in any given business affect its wages. Shoemaking apprentices are likely to become master shoemakers, while most law students do not become successful lawyers.... (full context)

...competition by giving professional associations (also called corporations) exclusive privileges over particular trades and defining apprenticeship requirements. For instance, most English tradespeople are only allowed two apprentices, who must work for... (full context)

...rules are oppressive, because they infringe on people’s sacred right to their own labor. Further, apprenticeships don’t actually guarantee the quality of work, since most inadequate workmanship comes from fraud, not... (full context)

...they would learn faster and more cheaply. Masters would lose out on their revenue from apprentices, and competition would likely drive tradespeople’s wages and profits down, but the public would benefit... (full context)

...it’s easier for people to organize into corporations. This is why there are no farming apprentices, even though their profession is far more complex than most urban ones. (It requires adapting... (full context)

...inequalities is by preventing labor and capital from moving freely across different places and employments. Apprenticeship prevents people from switching occupations and local corporation privileges prevent them from exercising the same... (full context)

...cloth—or even to go abroad and teach spinning or clothmaking techniques. Like the restrictions on apprenticeships, these rules protect British producers and hurt foreign ones, while raising prices for consumers. (full context)