The Wealth of Nations: An Analysis with Special Reference to Under-developed CounriesWorld Press, 1967 - 165 páginas |
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Página 32
... commodity is determined by the quantity of labour units required to produce it . " In that early and rude state of society which precedes both the accumu lation of stock and the appropriation of land , the proportion between the ...
... commodity is determined by the quantity of labour units required to produce it . " In that early and rude state of society which precedes both the accumu lation of stock and the appropriation of land , the proportion between the ...
Página 33
... commodity " to those who possess it , and who want to exchange it for some new productions , is precisely equal to the quantity of labour which it can enable them to purchase or command . " 14 Now , in the early and rude state of ...
... commodity " to those who possess it , and who want to exchange it for some new productions , is precisely equal to the quantity of labour which it can enable them to purchase or command . " 14 Now , in the early and rude state of ...
Página 34
... commodity is commonly sold . The market price may be above or below or equal to the natural price . The market prices , according to Smith , are regulated by the forces of demand and supply . By demand Smith means that which is backed ...
... commodity is commonly sold . The market price may be above or below or equal to the natural price . The market prices , according to Smith , are regulated by the forces of demand and supply . By demand Smith means that which is backed ...
Contenido
The Growth Model of Adam Smith | 1 |
Division of Labour and Economic | 10 |
Concepts of Productive and Unpro | 19 |
Derechos de autor | |
Otras 5 secciones no mostradas
Términos y frases comunes
according to Smith Adam Smith agriculture annual produce augment basic Bhilai capacity capital accumulation capitalists chapter commodity consumers consumption context cost crores currency developed countries developing economy division of labour domestic Durgapur economic development Edwin Cannan effect employed employment expansion expenditure export extent flat products foreign trade Fund Government greater growth Ibid IISCO important improvement income increase India industry interest international trade laissez-faire land and labour landlords loans manufacture market price ment natural price physiocrats problem productive labour productive workers profit projects public sector steel quantity of labour Quesney quota regards rent retention prices revenue Rourkela saving Second Plan Secondly sector steel plants Smith argues Smith asserts Smith's analysis Smith's scheme Smith's theory Smithian Smithian growth society supply tion TISCO under-developed countries under-developed economy unproductive V. K. R. V. Rao volume wages Wealth of Nations World Bank