Examlex
In issuing policy statements regarding the handling of disturbed persons, the primary consideration is:
Pin Factory
A classic example used by Adam Smith to describe the benefits of specialization and division of labor.
The Wealth of Nations
A seminal book by Adam Smith that lays the foundations of classical economics and discusses the division of labor, productivity, and free markets.
Adam Smith
An 18th-century Scottish economist and philosopher, often considered the father of modern economics, best known for his work "The Wealth of Nations."
Specialization
The process by which individuals, businesses, or economies focus on producing a limited range of goods or services to gain efficiencies.
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