Discussion Post
The reason for the output-enhancing effect of the division of labour can be inferred from Adam Smith's illustration of a pin-making factory.
• Explain in your own words why the division of labour can lead to increased output in a production process, such as pin-making.
• Do you think the use of more specialized machinery in pin-making would also lead to increased output? Why or why not?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.