In the late 19th Century, the industrial revolution arrived in the wood shop and large slicers could easily produce thousands of s/f of veneer all day long. Plentiful and cheap, it was used like wallpaper to upgrade cheaper case goods. Hide glue, veneer and a veneer hammer were used. The rules were unknown or set aside. There was profit to be made, and most males followed the greenback.
The first goods to fail had curves, usually of a 2" radius or more, as the wood memory over came the glue bond. Then since the veneers was used to cover edges, the edges would let loose, snagging clothing and cleaning rags.
The hide glue made for easy repairs, but there was still the basic problem - edges tend to delaminate and catch unless they butt to solid wood and let the solid take the abuse.
After a while, the public grew wary of the poorly made, cheaper stuff and went back to looking for solid woods and more durable construction. This was before we had a disposable society, where it is our duty to buy, consume and toss as rapidly as possible.
However, the notion of 'cheap veneered' goods stuck to where even today if you mention veneer, some people will pull back, thinking something cheap has been inserted. Others will sleep outside the Ikea, waiting for its doors to finally be opened.