Interpret the scatter plot in terms of correlation.
Definitions:
Productive Capacity
The maximum output that an economy can produce without increasing inflation, driven by available resources and technology.
Specialization
The focus of a business, region, or individual on producing a limited range of goods or services to gain greater efficiency and productivity.
Eighteenth-Century
A period in history ranging from the year 1701 to 1800, characterized by significant developments in politics, philosophy, science, and arts.
Pin Factory
A classic example used by Adam Smith to describe the benefits of specialization and division of labor.
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