Political EconomyD. Appleton, 1889 - 134 Seiten |
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Seite 45
... proportion as it is sooner worn out or destroyed , and thus re- quires to be more frequently replaced . 35. How Capital is obtained . Capital is the result of saving or abstinence , that is , it can only be obtained by working to ...
... proportion as it is sooner worn out or destroyed , and thus re- quires to be more frequently replaced . 35. How Capital is obtained . Capital is the result of saving or abstinence , that is , it can only be obtained by working to ...
Seite 46
... proportion . But in grow- ing vines it is necessary to wait several years after the vines are planted before they begin to bear . Suppose it to require five years waiting , then the labourer will want 5 × 30 , or one hundred and fifty ...
... proportion . But in grow- ing vines it is necessary to wait several years after the vines are planted before they begin to bear . Suppose it to require five years waiting , then the labourer will want 5 × 30 , or one hundred and fifty ...
Seite 47
... proportion . Thus we see clearly that the capital required in any kind of industry is proportional to the number of men em- ployed , and also to the length of time for which the capital remains locked up , or invested on the average ...
... proportion . Thus we see clearly that the capital required in any kind of industry is proportional to the number of men em- ployed , and also to the length of time for which the capital remains locked up , or invested on the average ...
Seite 52
... proportion to the capital sum and to the time ; five per cent . per annum means that , for every hundred pounds of capital , five pounds are paid during every year in which the capital is used , and in the same proportion for longer or ...
... proportion to the capital sum and to the time ; five per cent . per annum means that , for every hundred pounds of capital , five pounds are paid during every year in which the capital is used , and in the same proportion for longer or ...
Seite 67
... proportion of strikes are unsuccessful , in which case of course there is simple loss to every one concerned ; that when suc- cessful , the rise of wages might probably have been gradually obtained without a strike ; that the loss by ...
... proportion of strikes are unsuccessful , in which case of course there is simple loss to every one concerned ; that when suc- cessful , the rise of wages might probably have been gradually obtained without a strike ; that the loss by ...
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Adam Smith advantage APPLETON arises ASTRONOMY banker barristers become beef benefit better Botany bubble called capitalist carry cent cheaply circulating capital clothes coal coins collapse commodity corn cost cotton difficult division of labour doubt earn employed employers employment England exchange factory fallacy farm farmer Geology give gold increase Indirect Taxes Introduction price invention iron Iron puddlers John Smith kind land laws of supply less limited in supply lockout machinery machines manage manufactured means ment metal natural agent paid payment pearls person plenty political economy poor Pound Sterling pounds Primer produce profits quantity railways rate of interest rate of wages receive rent requisites of production rich sell shares shillings silver sometimes spend strike supply and demand tenant things trade trades-unions usually utility valuable wealth wine workmen