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eBook details

• Title: Notes and Queries, 1850.12.21
• Author : Various Authors
• Release Date : January 01, 2012
• Genre: Study Aids,Books,Reference,
• Pages : * pages
• Size : 59 KB

Description

This is a notes and queries book. Every one confesses, I believe, the correctness of the principle called 'Division of labour. ' But if any one would form an adequate estimate of the ratio of the effect produced, in this way, to the labour which is expended, let him consult Dr. Adam Smith. I think he states, as an example, that a single labourer cannot make more than ten pins in a day; but if eight labourers are employed, and each of them performs one of the eight separate processes requisite to the formation of a pin, there will not merely be eight times the number of pins formed in a day, but nearly eighty times the number. (Not having the book by me, I cannot be certain of the exact statistics. ).

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