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Who expounded the theory of division of labour?
Karl Marx is expounded the theory of division of labor.
How do you use the word expounded in a sentence?
The professor expounded on that wacky theory for an entire hour!
Who expounded the theory of 'Advaita'?
Sri Shankaracharya
Who expounded the theory of Advitha?
Sri Adi Shankaracharya
What theory did Adam smith develope after visiting the pin factory?
Specialization and division of labor
What part of speech is expounded?
"Expounded" is a verb. It is the past tense and past participle form of the verb "expound," meaning to explain or present a theory or idea in detail.
After visiting the pin factory Adam smith developed which theory?
After visiting the pin factory, Adam Smith developed the theory of division of labor, which states that breaking down tasks into smaller, specialized parts can increase productivity and efficiency. Smith's observations at the pin factory highlighted the benefits of specialization in the production process.
How is Adam smith's theory of value a basis for the theory of growth?
Adam Smith's theory of value, particularly his labor theory of value, posits that the value of goods is determined by the labor required to produce them. This foundational concept underpins the theory of economic growth by emphasizing the importance of productivity and efficiency in labor. As productivity improves, more goods can be produced with the same amount of labor, leading to increased wealth and economic expansion. Thus, Smith's insights into value drive the mechanisms of growth through enhanced labor division, specialization, and innovation.
Division of labor is a characteristic of?
An assembly line is an example of Division of Labor.
Division of labor in a sentence?
Social class and drudgery date from the division of labor.
Use division of labor in a sentence?
Mesopotamians used division of labor. more of that has to be put on
What would happen if there was no division of labor?
What if there is no division what we can do
