Social Norms and Entrepreneurs in the Industrial Revolution

You can send a text, include contact info to get a response.

80% of criminal prosecutions are brought privately by the victims, with over 450 associations established to support criminal prosecutions.

There is a lack of specie and small notes to settle accounts between tradesmen and entrepreneurs.  Therefore, there are a lot of small amounts owed back and forth.

There aren't enough geniuses with both great business skills and technical skills.

Social norms and Trust help to smooth over the difficulties caused by a difficult to use legal system, a shortage of coin and currency and the need for partnerships within firms.