In 1750, the European economy was overwhelmingly an agricultural economy. The land was owned largely by wealthy and frequently aristocratic landowners; they leased the land to tenant farmers who paid for the land in real goods that they grew or produced. Most non-agricultural goods were produced by individual families that specialized in one set of skills: wagon-wheel manufacture, for instance. Most capitalist activity focused on mercantile activity rather than production; there was, however, a growing manufacturing industry growing up around the logic of mercantilism.