Adam Smith/Division of Labour
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(1000 words)
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The division of labor (DOL) is not originally the effect of any human wisdom, but a very slow and gradual consequence of human propensity to truck, barter, and exchange one thing for another.... According to Adam Smith, it is common and necessary to all men and inherent in human.... ... ... Men have the capacity to produce more than they can consume hence exchange the surplus of their produce with that of others of which they are in need of but are not able to produce themselves....