| Edmond Earl Lincoln - Economics - 1926 - 240 pages
...the work, were able with only the crudest kind of machinery to make 48,000 pins in a day, he says : "But if they had all wrought separately and independently,...and without any of them having been educated to this particular business, they certainly could not each of them have made 20, perhaps not one pin in a day... | |
| Robert David Sack - History - 1986 - 280 pages
...of forty-eight thousand pins [in a day]. Each person, therefore, making a tenth part of forty-eight thousand pins, might be considered as making four thousand eight hundred pins in a day.4 Smith believes the lessons from the pin manufactory are generalizable. 'In every art and manufacture,... | |
| Shigeo Shingo - Business & Economics - 1988 - 498 pages
...them upwards of forty-eight thousand pins in a day. Each person, therefore, making a tenth part . . . might be considered as making four thousand eight...not each of them have made twenty, perhaps not one pint a day; that is, certainly, not the two hundred and fortieth, perhaps not the four thousand eight... | |
| Walter L. Owensby - Business & Economics - 1988 - 224 pages
...middling size. These ten persons, therefore, could make among them upwards of forty-eight thousand pins in a day. . . . But if they had all wrought separately and independently . . . they could certainly not each of them make twenty, perhaps not one pin in a day.1 Of course,... | |
| 1206 pages
...fortyeight thousand pins in a day . . . But if they had all [worked] separately and independently . . . they certainly could not each of them have made twenty, perhaps not one pin in a day ..." Thus has evolved the term "Division of Labor". • PROBLEM 33-4 Adam Smith described in great... | |
| Henry William Spiegel - Business & Economics - 1991 - 904 pages
...upwards of forty-eight thousand pins in a day. Each person, therefore, making a tenth part of forty-eight thousand pins, might be considered as making four thousand eight hundred pins in a day. But if they all had wrought separately and independently, and without any of them having been educated to this... | |
| Martine Quinzii - Business & Economics - 1993 - 174 pages
...upwards of forty-eight thousand pins in a day. Each person, therefore, making a tenth part of forty-eight thousand pins, might be considered as making four...them have made twenty, perhaps not one pin in a day. If machines be kept working through the twenty four hours (which is evidently the only economical mode... | |
| Ellen Frankel Paul, Fred Dycus Miller, Jeffrey Paul - Business & Economics - 1993 - 344 pages
...upwards of forty-eight thousand pins in a day. Each person, therefore, making a tenth part of forty-eight thousand pins, might be considered as making four...them have made twenty, perhaps not one pin in a day. . . ,13 As even Smith recognized, however, such fragmentation of workplace tasks can exact a heavy... | |
| Ellen Messer-Davidow, David R. Shumway, David Sylvan - History - 1993 - 480 pages
...them upwards of 48,000 pins in a day. Each person, therefore . . . might be considered as making 4,800 pins in a day. But if they had all wrought separately and independently . . . they could certainly not each of them have made twenty, perhaps not one pin in a day" (Wealth... | |
| David Needham, Robert Dransfield - Business & Economics - 1994 - 772 pages
...upwards of forty-eight thousand pins in a day. Each person, therefore, making a tenth part of forty-eight thousand pins, might be considered as making four thousand eight hundred pins a day. But if they had all wTought separately and independently, and without any of them having being... | |
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