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Essay / Research Paper Abstract
A 5 page analysis of the first chapter of Adam Smith's book The Wealth of Nations. The writer summarizes the chapter and then offers an analysis that argues that although Smith was correct in his argument that techniques of mass production great increase the productivity and efficiency of manufacture, he was wrong as to the human motivation in regards to repetitive work. No additional sources cited.
Page Count:
5 pages (~225 words per page)
File: KE9_99bored.rtf
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Unformatted sample text from the term paper:
idea of the assembly line and the huge increases in manufacture that specialization could produce was a revolutionary concept that took some "selling" in order for it to be accepted.
In the first chapter of his masterpiece, The Wealth of Nations, Adam Smith addresses the "division of labor" and outlines the advantages
of mass production and specialization. One of the founding fathers of the capitalist system, Smith had a profound effect on the US founding fathers. In this work, one can see
the seeds of the industrial revolution that was to come. The first topic that Smith addresses in The Wealth of Nations, is how
a society handles division of labor. He points out that in the "trifling manufacturers" that are intended to supply the "small" wants of society, and where only a small number
of people are necessary for the production, the whole enterprise can be located in the same workhouse and placed under the observation of the same spectator (Smith Chap01.html). However,
in "great" manufacturers that supply the "great" needs of society, the production is so complex that different branches of the work must be employed in different locations. In this
case, the division of labor is not "so obvious," and, therefore, not as easily observed (Smith Chap01.html). Smith then goes on to give an example of what might be considered
to be a "trifling" manufacture?the art of pin-making. He argues that the division of labor has turned this manufacture into a distinct trade. He first points out that someone who
was not versed in the machinery necessary for this manufacturer, might, by hand, make only one pin per day, and "certainly not twenty" (Chap01.html).
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