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" As it is the power of exchanging that gives occasion to the division of labour, so the extent of this division must always be limited by the extent of that power, or, in other words, by the extent of the market. "
The Works of Adam Smith - Side 10
av Adam Smith - 1812 - 2731 sider
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Economic Reconstruction: A Further Development of "A National System of ...

John Taylor Peddie - 1918 - 260 sider
...power of exchanging that gives occasion to the division of labour, so the extent of this division must always be limited by the extent of that power, or,...the extent of the market. When the market is very small, no person can have any encouragement to dedicate himself entirely to one employment, for want...
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Outlines of American Foreign Commerce

Avard Longley Bishop - 1923 - 338 sider
...power of exchanging that gives occasion to the division of labor, so the extent of this division must always be limited by the extent of that power, or, in other words, by the extent of the market." Numerous illustrations will occur to the reader of the way in which the division of labor has been...
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The Widening Retail Market and Consumers' Buying Habits

Northwestern University (Evanston, Ill.). School of Commerce. Bureau of Business Research, Horace Secrist - 1926 - 212 sider
...power of exchanging that gives occasion to the division of labour, so the extent of this division must always be limited by the extent of that power, or, in other words, by the extent of the market."2 In the market, as in all economic pursuits, "Every individual is continually exerting himself...
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Equitable Society and how to Create it

Warren Edwin Brokaw - 1927 - 396 sider
...power of exchanging that gives occasion to the division of labor, so the extent of this division must always be limited by the extent of that power, or,...the extent of the market. When the market is very small, no person can have any encouragement to dedicate himself entirely to one employment, for want...
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Point Counter Point, Volum 2

Aldous Huxley - 1928 - 450 sider
...power of exchanging that gives occasion to the division of labour, so the extent of this division must always be limited by the extent of that power, or in other words, by the extent of the market," then, really, it is difficult to love it as ardently as one ought to do. "When the market is very small,...
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Voices of the Industrial Revolution: Selected Readings from the Liberal ...

John Bowditch, Clement Ramsland - 1961 - 210 sider
...power of exchanging that gives occasion to the division of labour, so the extent of this division must always be limited by the extent of that power, or,...the extent of the market. When the market is very small, no person can have any encouragement to dedicate himself entirely to one employment, for want...
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The Problem of International Investment: 1937

Royal Institute of International Affairs - 1965 - 390 sider
...power of exchanging that gives occasion to the division of labour, BO the extent of the division must always be limited by the extent of that power, or,...the extent of the market. When the market is very small, no person can have any encouragement to dedicate himself entirely to one employment, for want...
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Gunton's Magazine, Volum 13

George Gunton - 1897 - 522 sider
...power of exchanging that gives occasion to the division of labor, so the extent of this division must always be limited by the extent of that power ; or...words by the extent of the market. When the market is small no person can have encouragement to devote himself to one employment," etc. " Wealth of Nations,"...
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The City

Robert E. Park, Ernest W. Burgess, Roderick Duncan McKenzie - 1967 - 250 sider
...power of exchanging that gives occasion to the division of labour, so the extent of this division must always be limited by the extent of that power, or, in other words, by the extent of the market There are some sorts of industry, even of the lowest kind, which can be carried on nowhere but in a...
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Economists and the Economy: The Evolution of Economic Ideas

Roger Backhouse - 276 sider
...power of exchanging that gives occasion to the division of labour, so the extent of this division must always be limited by the extent of that power, or,...the extent of the market. When the market is very small, no person can have any encouragement to dedicate himself entirely to one employment, for want...
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