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Division of Labour constrains Market Extent

Subject

Division of Labour

Predicate

is limited by

Object

Market Extent

Relation Type

constrains

VSM Channel

S2 <- S1

Evidence

Book I, Chapter 3: "the extent of this division must always be limited by the extent of that power, or, in other words, by the extent of the market."

Feedback Role

Market extent constrains specialization; successful specialization can increase surplus exchange and eventually expand the market.

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