The 200-Year-Old Quote from Adam Smith's Early Industrial Pin Factory

question 25

Multiple Choice

The 200-year-old quote from Adam Smith's early industrial pin factory illustrates

• A)the gains to be had from task specialization.
• B)the usefulness of 200-year-old economics textbooks.
• C)how technology has progressed in 200 years.
• D)a and b.

---

Definitions:

Depressed Patients

Individuals diagnosed with depression, a mental health disorder characterized by persistently depressed mood or loss of interest in activities, causing significant impairment in daily life.

Control Group

A group in an experiment that does not receive the treatment or intervention being tested, used as a comparison to measure the effect of the treatment.

Meta-Analysis

A statistical technique for combining the findings from independent studies to identify trends or common effects.

Experiments

Scientific procedures undertaken to make a discovery, test a hypothesis, or demonstrate a known fact.