852 B
852 B
Manufacturing Process Subdivision
Definition
The progressive division of manufacturing tasks into increasingly specialized operations over time, leading to improved production methods and greater efficiency. This subdivision occurs naturally as artificers seek to prepare work for distant markets, resulting in the development of highly differentiated trades and refined production techniques.
Source Chapter
Book III, Chapter 1
Context
Smith presents this as the natural evolution of manufacturing following the establishment of local markets, explaining how the pursuit of distant markets drives the refinement and specialization that characterizes advanced manufacturing.
Economic Domain
Production