Read the passage.
excerpt from The Condition of the Working-Class in England in 1844 by Frederich Engels
Published in 1845, Frederich Engels’s study and report documents his observations and his interpretation of the Industrial Revolution and its impact on the working class.
The history of the proletariat in England begins with the second half of the last century, with the invention of the steam-engine and of machinery for working cotton. These inventions gave rise, as is well known, to an industrial revolution, a revolution which altered the whole civil society; one, the historical importance of which is only now beginning to be recognised. England is the classic soil of this transformation, which was all the mightier, the more silently it proceeded; and England is, therefore, the classic land of its chief product also, the proletariat. Only in England can the proletariat be studied in all its relations and from all sides.
We have not, here and now, to deal with the history of this revolution, nor with its vast importance for the present and the future. Such a delineation must be reserved for a future, more comprehensive work. For the moment, we must limit ourselves to the little that is necessary for understanding the facts that follow, for comprehending the present state of the English proletariat.
Before the introduction of machinery, the spinning and weaving of raw materials was carried on in the working-man’s home. Wife and daughter spun the yarn that the father wove or that they sold, if he did not work it up himself. These weaver families lived in the country in the neighbourhood of the towns, and could get on fairly well with their wages, because the home market was almost the only one, and the crushing power of competition that came later, with the conquest of foreign markets and the extension of trade, did not yet press upon wages. There was, further, a constant increase in the demand for the home market, keeping pace with the slow increase in population and employing all the workers; and there was also the impossibility of vigorous competition of the workers among themselves, consequent upon the rural dispersion of their homes. So it was that the weaver was usually in a position to lay by something, and rent a little piece of land, that he cultivated in his leisure hours, of which he had as many as he chose to take, since he could weave whenever and as long as he pleased. True, he was a bad farmer and managed his land inefficiently, often obtaining but poor crops; nevertheless, he was no proletarian, he had a stake in the country, he was permanently settled, and stood one step higher in society than the English workman of to-day.
lay by: save money
Question
What does the phrase "home market" mean in Paragraph 3?
Responses
a base from which large-scale manufacturers operate
a place where houses can be bought and sold
a relatively small, localized arena for trade and commerce
a shop or store located in the house of a manufacturer
