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Questions refer to the following passage.
"To take an example, therefore, from a very trifling manufacture; but one in which the division of labour has been very often taken notice of, the trade of the pin-maker; a workman not educated to this business . . . nor acquainted with the use of the machinery employed in it . . . could scarce, perhaps, with his utmost industry, make one pin in a day, and certainly could not make twenty.
"But in the way in which this business is now carried on . . . One man draws out the wire, another straights it, a third cuts it, a fourth points it, a fifth grinds it at the top for receiving the head; to make the head requires two or three distinct operations . . . and the important business of making a pin is, in this manner, divided into about eighteen distinct operations.
"I have seen a small manufactory of this kind where ten men only were employed, and where some of them consequently performed two or three distinct operations [and] could, when they exerted themselves . . . make among them upwards of forty-eight thousand pins in a day. Each person, therefore, making a tenth part of forty-eight thousand pins, might be considered as making four thousand eight hundred pins in a day. But if they had all [worked separately], they certainly could not each of them have made twenty, perhaps not one pin in a day."
The Division of Labour (1776) , Adam Smith
-Adam Smith is best known for promulgating which of the following economic theories?
Vocational Roles
Positions or careers that individuals engage in which are often aligned with their skills, interests, and professional training or education.
Technical Society
A society that emphasizes the role of technology and technical professions in its economic, social, and political operations.
Erikson
Refers to Erik Erikson, a developmental psychologist known for his theory on the psychosocial development of humans.
Family Roles
The functions and responsibilities assigned to each family member, often influenced by cultural norms and individual family dynamics.
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