20 lines
506 B
Markdown
20 lines
506 B
Markdown
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# Pin-Maker Trade
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## Definition
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A specialised manufacturing occupation focused on producing pins through a series of distinct operations, used by Smith as his primary example of division of labour's effects on productivity.
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## Source Chapter
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Book I, Chapter 1
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## Context
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Smith uses the pin-maker trade to illustrate how dividing 18 distinct operations among specialised workers dramatically increases output compared to a single worker performing all operations.
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## Economic Domain
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Production
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---
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