In the putting-out system, the merchant supplies the raw material and receives the finished product.
A
True
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
False
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution
The correct option is A True Correct Answer: Option A: True
Explanation:
The putting-out system was a system of domestic manufacturing that was prevalent in rural areas of western Europe during the seventeenth and eighteenth centuries.
In this system, the merchant supplies the raw material and receives the finished product.