The Economics of Industry

Adam Smith advantages agricultural amount of capital applied Auxiliary capital average business power carpenter cause cent Circulating capital classes coal commodity corn cultivation demand depends determined Diminishing Return division of labour doses Earnings of Management economic efficiency employed employers employment England equal Expenses of production factories fall farm farmer Firstly Fixed capital free competition Fund greater growth of population hand hired important income increase Indoor relief industry instance invested kinds land landlord Law of Demand Law of Diminishing Law of Normal less machine machinery manufacture means mental nature Normal rate Normal value obtain Outdoor relief outlay peasant proprietors present purchasing power railways raise rate of interest rate of profits regard remuneration rent rise saving sell shew skilled labour social Standard of Comfort supply surplus things trade unskilled labour wanted wealth workmen