I, Pencil

Essay specific features

 

Issue:

Social Issues

 

Written by:

Joseph R

 

Date added:

May 2, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

1 / 271

 

Was viewed:

6291 times

 

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Essay content:

The people who mine the graphite are better at it then the people who cut down the trees because they have done the task over and over again. The graphite worker could also cut down the trees but he would lose time moving from one task to another and wouldn’t have the experience and skill as the worker whose career is to cut down trees...
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Therefore by dividing the labor and allowing people to do what they are good increases productivity. All of these people working “together” to make a pencil don’t want just a pencil in the end. They exchange their labor for the good and services they need and want. Adam Smith’s “invisible hand” is illustrated in the story by having each person working for themselves to make a profit thus creating something society wants, pencils...
displayed 300 characters

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