It was an economic system based mainly on trading that was forseen during the middle ages.
an economic system based on industrial production. which produced a new group of people, known as "the industrial middle class."
A middle class person during the middle ages who was the burgher or town dweller that may have been active as a merchant, official, artisan, lawyer or intellectual. late it came to include people involved in industry and banking.
New industrial middle class
was made up of the people who bought the factories.their qualities included initiative, vision, ambition, and often greed. one manufacturer said "getting of money...is the main business of the life of men.