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A craft is a branch of profession that requires some particular kind of skilled work. In historical sense, particularly as pertinent to the Medieval history and earlier, the term is usually applied towards people occupied in small-scale production of goods.

Historically, craftsmen tended to concentrate in urban centers and formed the guilds. Trade occupation and the need to be permanently involved in the exchange of goods also demanded a generally higher level of education and in societal hierarchy the craftsmen were usually in a more privileged position than the peasantry.

The households of the members of the society occupied in trade professions were not as self-sufficient as of those engaged in agricultural work and, as such, had to rely on exchange of goods.

Once an apprentice of a craft had finished his apprenticeship, he would become a journeyman searching for a place to set up his own shop and make a living. After he set up his own shop he could then be called a master of his trade. This system of a stepwise approach to mastery of a craft which invokes the obtainment of a certain amount of education and the learning of skills, has survived in some countries of the world until today, although craft has undergone deep structural changes during the era of the Industrial Revolution in which mass production of goods of the industry has limited craft to areas of life which the industry could not satisfy - due to its modes of functioning - or in which mass-produced goods would not meet the preferences of potential buyers. Moreover, as an outcome of these changes, craftspeople increasingly make use of semi-finished components or materials today, and accomplish and adapt such a kind of ware to their customers' demands and, if necessary, to the environments of their customers, taking it in hand, in case fitting-work is needed, and thus augment what the industry already had produced - through participating in a certain division of labour between industry and craft.

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