Political EconomyD. Appleton, 1889 - 134 Seiten |
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Seite 24
... Requisites of Production . The first thing in industry , as we now see , is to decide what we want ; the next thing is to get it , or make it , or , as we shall say , produce it , and we ought obviously to produce it with the least ...
... Requisites of Production . The first thing in industry , as we now see , is to decide what we want ; the next thing is to get it , or make it , or , as we shall say , produce it , and we ought obviously to produce it with the least ...
Seite 25
... requisites in succession . 17. Land or Source of Materials . The word production is a very good one ; it means drawing forth ( Latin , pro , before , and ducere , to draw ) , and it thus exactly expresses the fact that , when we want to ...
... requisites in succession . 17. Land or Source of Materials . The word production is a very good one ; it means drawing forth ( Latin , pro , before , and ducere , to draw ) , and it thus exactly expresses the fact that , when we want to ...
Seite 26
... requisite of production is called a natural agent , that is , something which acts for us and assists us ( Latin , agens , acting ) . Among natural agents land is by far the most important , because , when supplied with abundant ...
... requisite of production is called a natural agent , that is , something which acts for us and assists us ( Latin , agens , acting ) . Among natural agents land is by far the most important , because , when supplied with abundant ...
Seite 27
... requisite to the pro- duction of wealth . 19. Capital . In order that we may produce much wealth , we require something further , namely , the capital , which supports labourers while they are engaged in their work . Men must have food ...
... requisite to the pro- duction of wealth . 19. Capital . In order that we may produce much wealth , we require something further , namely , the capital , which supports labourers while they are engaged in their work . Men must have food ...
Seite 28
... requisite , then , not so much that we shall labour , but that we shall labour economically and with great success . We may call it a secondary requisite , and it would be best to state the requisites of production in this way— Primary ...
... requisite , then , not so much that we shall labour , but that we shall labour economically and with great success . We may call it a secondary requisite , and it would be best to state the requisites of production in this way— Primary ...
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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