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" This great increase of the quantity of work which, in consequence of the division of labour, the same number of people are capable of performing, is owing to three different circumstances; first, to the increase of dexterity in every particular workman;... "
The history, principles and practice of banking, revised by A.S. Michie - Page 72
by James William Gilbart - 1882
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Select Chapters and Passages from the Wealth of Nations of Adam Smith, 1776

Adam Smith - Economics - 1894 - 285 pages
...; first, to the increase of dexterity in every particular workman ; secondly, to the saving of the time which is commonly lost in passing from one species...labour, and enable one man to do the work of many. First, the improvement of the dexterity of the workman necessarily increases the quantity of the work...
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Chambers's Encyclopaedia: A Dictionary of Universal Knowledge, Volume 4

Encyclopedias and dictionaries - 1896
...9732 2164 22 sat At Base 16 78╬ DIVISION OF LABOUR DIVORCE 25 ╗nd lastly, the invention of a grant number of machines which facilitate and abridge labour, and enable one man todo the work of many.' Economiste believe, however, that Smith has laid too great stress on both the...
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A History of the Theories of Production and Distribution in English ...

Edwin Cannan - Economics - 1903 - 422 pages
...which is commonlvJasLiu-_paúsing from one species of work to another ; and lastly, Qthe inventioj) of a great number of machines which facilitate and...abridge labour, and enable one man to do the work of It was not necessary for his followers to add anything to his doctrine as to the increased dexterity...
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Principles of Political Economy: With Some of Their Applications ..., Volume 1

John Stuart Mill - Economics - 1904 - 591 pages
...of the time which is commonly lost in passing from one species of work to another ; and lastly, tne invention of a great number of machines which facilitate...labour, and enable one man to do the work of many." S Of these, the increase of dexterity of the individual workman is the most obvious and universal....
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Selected Readings in Economics

Charles Jesse Bullock - Economics - 1907 - 705 pages
...the saving of the time which is commonly lost in passing from one species of work to another; III. To the invention of a great number of machines which...labour, and enable one man to do the work of many. I. The improvement of the dexterity of the workman necessarily increases the quantity of the work he...
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An Inquiry Into the Nature and Causes of the Wealth of Nations

Adam Smith - Economics - 1909 - 590 pages
...first, to the increase of dexterity in every particular workman; secondly, to the saving of the urne which is commonly lost in passing from one species...labour, and enable one man to do the work of many. First, the improvement of the dexterity of the workman necessarily increases the quantity of the work...
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An Inquiry into the Nature and Causes of the Wealth of Nations

Adam Smith, Max Lerner - Economics - 1909 - 976 pages
...saving of the time which is commonly lost in passing from one species of work to another; and lastly>ito the invention of a great number of machines which...labour, and enable one man to do the work of many. First, the improvement of the dexterity of the workman necessarily increases the quantity of the work...
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Economic Reconstruction: A Further Development of "A National System of ...

John Taylor Peddie - Economics - 1918 - 242 pages
...: first, to the increase of dexterity in every particular workman ; secondly, to the saving of the time which is commonly lost in passing from one species...labour, and enable one man to do the work of many. " The improvement of the dexterity of the workman necessarily increases the quantity of the work he can perform...
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Classes, Power and Conflict: Classical and Contemporary Debates

Anthony Giddens, David Held - Social Science - 1982 - 646 pages
...circumstances; first, to the increase of dexterity in every particular workman; secondly, to the saving of the time which is commonly lost in passing from one species...abridge labour, and enable one man to do the work of many.9 The example which Smith gives is the making of pins, and his description is as follows: One...
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Adam Smith: Critical Assessments, Volume 4

John Cunningham Wood - Economics - 1993 - 322 pages
...increase in productivity is attained through the division of labor, labor being aided by machinery "... which facilitate and abridge labour, and enable one man to do the work of many." [ Smith, Wealth, pp. Iviii, 4-7, 260, 268, 326 1 He makes clear that the number of those employed is...
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