Section 2.3 (pp 21-24) Flashcards
1
Q
work of original genius that accurately describes the laws of economics.
A
Wealth of Nations
2
Q
the separation of work into individual tasks
A
division of labor
3
Q
production of goods by people doing the jobs they did best
A
specialization
4
Q
Wealth of Nations
A
work of original genius that accurately describes the laws of economics.
5
Q
division of labor
A
the separation of work into individual tasks
6
Q
specialization
A
production of goods by people doing the jobs they did best