658 B
658 B
Artisan Specialisation
Definition
The concentration of skilled workers on specific crafts or trades, enabled by sufficient market demand to support dedicated practitioners. Artisan specialisation requires market extent large enough to absorb the full output of specialists who no longer perform multiple tasks.
Source Chapter
Book I, Chapter 3
Context
Smith notes that in remote areas, one cannot even expect to find a smith, carpenter, or mason within twenty miles of another of the same trade, whereas in more populous areas, artisans can specialise fully in their craft due to adequate market demand.
Economic Domain
Production