The Simplified Wealth of Nations of Adam Smith, Book 1, Chapter 1: Division of Labour

Chapter 1: The Division of Labour

1 Division of labour causes improvements in: 2The effects of division of labour is carried furthest in very trifling manufactures. 3An example of a very trifling manufacture is pin-making.
  • The whole work of pin-making is now a peculiar trade.
  • 4 The effects of the division of labour in arts and manufactures are similar to their effects in this very trifling one. 5This great increase in productivity from the division of labour is due to three circumstances:
    1. The increase of dexterity in every worker
    2. The time savings commonly lost in passing from one species of work to another
    3. The invention of many machines which:

    6First, the improvement of the worker's dexterity increases the amount of the work he can perform.

    Nail making

    7Secondly, the time lost in passing from one sort of work to another is much greater than we think

    8Thirdly, proper machinery facilitates and abridges labour.