Explain the general characteristics of the division of labor between small and large manufacturers. How are they the same? How are they different? How is division of labor generally advantageous?
As explained in the text, compare and contrast the general social exchange activity between men with the general social exchange activity between animals of the same species.
As explained in the text, compare and contrast the land-carriage of goods to the water-carriage of goods.
Define and give examples for the two different meanings of the word 'value' as applied to use and exchange.
Explain with examples what happens to commerce in a society when gold and silver are devalued.
The text says "Labour measures the value not only of that part of price which resolves itself into labour, but of that which resolves itself into rent, and of that which resolves itself into profit." Explain with examples how...
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