The World of Business, Volume 4Edward C. Bursk |
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Page 2316
... iron in the United States as compared with the other iron- producing countries of the world . And first the distinction must be drawn between the cost determined by the quantity of labor ex- pended in the production of a ton of iron and ...
... iron in the United States as compared with the other iron- producing countries of the world . And first the distinction must be drawn between the cost determined by the quantity of labor ex- pended in the production of a ton of iron and ...
Page 2317
... iron , the cost of producing a ton of pig iron is about 40 shillings , which at the average rate of wages paid around the blast furnace , is equivalent to 11 days ' labor - that is to say , the labor of 11 men for one day . It is ...
... iron , the cost of producing a ton of pig iron is about 40 shillings , which at the average rate of wages paid around the blast furnace , is equivalent to 11 days ' labor - that is to say , the labor of 11 men for one day . It is ...
Page 2326
... iron will be made . will be the price which the same operatives could afford to pay if the iron works had been placed where the grain is grown , and the cost of transportation thence is just so much deducted from the price which the ...
... iron will be made . will be the price which the same operatives could afford to pay if the iron works had been placed where the grain is grown , and the cost of transportation thence is just so much deducted from the price which the ...
Contents
A Probe of the Art of WealthGetting | 1944 |
A Follower of Confucius Anticipates the Law of Supply | 1953 |
Breaking the Bonds of Tradition | 1973 |
Copyright | |
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Adam Smith American asked become better Bohermeen businessman called capital cent century CHREMYLUS civilization commerce commodities competition corporation course creative deakin economic economy of abundance employees Engine enterprise exchange exchange-value executive fact give hand Harvard Business Review Harvard Business School hoss human important increase individual industry interest Karl Marx kind labor labor power land Lawd legislation living looked manufacture Mary Parker Follett means Mencius ment merchant mind moral nature never Ohmann operation organization Paul Bunyan perhaps Pharaoh political Poor Richard says practical problem production profit purpose question religion rich sell sense skyhooks social society standard Standard Oil things thought tion tractor trade United use-value usury Wa'al wages wealth Wickersham words workers