ENGR 201 Lecture 12: ENGR 201 - Full Summary of All Lessons
12 Dec 2016
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Craft guilds group of craftsmen involved in same p(cid:396)ofessio(cid:374): (cid:271)(cid:374)ake(cid:396)s,, Guilds provided a way of upward movement in status/wealth. Supported dependents of members in case of death. Shift from the era of manufacturing-based mass production. Increase proportion of service industries: tranp[ortation, supply chain and retail trade, finance, insurance, real estate, and professional/bnbusiness services. Generates revenue from a stock of human, financial or physical capital. Members who sell their manual labour (low-skilled or non-skilled) Earn hourly wages for their labour limited or no benefits. Intellectual skills that are acquired through a formalized system of education or training. The exercise of judgment on matters connected with the practice of work. Their practice of work contributes directly to advance public welfare. The attribute of skill: a key aspect of the nature of skill that professionals possess is that it is composed of varied and intellectually demanding techniques and practices, thus requires individuals to exert considerable effort in acquiring them.
