Definitions for toy industry
This page provides all possible meanings and translations of the word toy industry
toy industry, toy business(noun)
an industry that manufactures and sells toys for children
Birmingham toy industry
The toy industry in Birmingham was an economic sector that produced small goods in any material. Hinges, buttons, belt buckles and hooks are all examples of goods that were once considered "toys" and could be produced in metal, leather or glass, amongst others. The term toy was used starting in the 18th century or earlier to describe the industry in the English Midlands, and changed to its modern form years later. The metalworking legacy still exists in the form of Birmingham's Jewellery Quarter. Although the toy industry tended to be based on small cottage manufactories at first, the rise of the middle class in London created a demand that led to rapid expansion of the industry in the mid-18th century. At this point economies of scale started to come into effect, and a number of very large manufactories were built, leading to the common use of the term "factory". These factories typically had a number of designers that could be called on for any sort of work, while different parts of the building were dedicated to mass production of different sorts of goods. These early factories were an early step on the road to the assembly line, and an important factor in the creation of the Industrial Revolution.
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"toy industry." Definitions.net. STANDS4 LLC, 2014. Web. 26 Jul 2014. <http://www.definitions.net/definition/toy industry>.