craft economy

A craft economy involves the production and sale of handmade or locally produced goods, emphasizing skill, craftsmanship, and unique quality. It often includes artisans, small workshops, and local markets, fostering community connections and sustainable practices. Unlike large-scale industrial manufacturing, craft economies focus on personalized, detailed work, often rooted in traditional techniques. They support local employment and preserve cultural heritage, while appealing to consumers seeking authentic, high-quality products. Overall, a craft economy encourages economic activity centered around creativity, skill, and community engagement through specialized, artisanal goods.