Dvision of labour first week

Dvision of labour first week - Farshid Moradi. Student#:...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Farshid Moradi. Student#: 211031150. Tutorial (Monday, 4:30) Quote: We are rich, not as individuals, but as members of a rich society, and our easy assumption of  material sufficiency is actually only a reliable as bond that forge us into a social whole” – RoberHeilbroner One of the best-known economics, Adam Smith, identified various advantage of division of labour. In his book The Wealth of Nation he tried to show that breaking down a task into of a simple operation could increase productivity quite significantly. He described the productivity in a pin-factory could be 240 time higher because of division of labour. The ideas of Smith were based on perfect liberty in order to assert the principle of organizing labour solely by a free market. Now we investigate two types of division of labour which are in my opinion are very important and effective in our society. First is Automation that uses complex robots that can perform function ordinary done by human beings. Important for the division
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 2

Dvision of labour first week - Farshid Moradi. Student#:...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online