Smith, A. The Wealth of Nations

Division of labour

Process of breaking down the production process into specialised tasks assigned to different workers

greatest improvement in the productive powers of labour

Division of labour - skill dexterity and judgment with which labour is directed

Where is division of labour supposed to be carried furthest + most visible

trifling manufactures - total # of workman small enough to collect into one workhouse + observe

In which kind of countries is the division carried furthest

countries with the highest degree of industry and improvement

Sector with fewer subdivisions of labour

Agriculture

dif tasks occur with dif season - impossible for one man to be constantly employed in only one

3 circumstances that are responsible for the great increase in output from division of labour

increase of dexterity

saving of time lost in passing from one king of work to anohter

invention of machines

What psych/behavioural effect does switching tasks have on a workman

produces habits of sautering and indolent careless application

Beside workman, who does he crefit with inventing machine improvments

makers of machines, philosophers

What happens to philosophy itlesf when society progresses

Trade of particular class of citizen - subdivided

Ultimate consequence of division of labout

universal opulence - each worker has surplus to exchange with others in the same position

Productivity

quantity of output

Specialisation

Separation of tasks, each worker performs only one branch