Political Economy for BeginnersMacmillan and Company, 1880 - 211 |
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Strona 9
... commodity which in some circumstances cannot be regarded as wealth , and yet in other circumstances certainly ... commodities which have an exchange value have been made available for consumption by many different kinds of labour ...
... commodity which in some circumstances cannot be regarded as wealth , and yet in other circumstances certainly ... commodities which have an exchange value have been made available for consumption by many different kinds of labour ...
Strona 10
... commodities may be taken from the various operations of watch - making . For instance , one pound weight of the microscopically small steel screws used in watches , is worth six pounds weight of pure gold , or more than £ 280 . In an ...
... commodities may be taken from the various operations of watch - making . For instance , one pound weight of the microscopically small steel screws used in watches , is worth six pounds weight of pure gold , or more than £ 280 . In an ...
Strona 18
... commodities were produc- tive of wealth , no matter whether the object for which they are consumed is useful or not , the quickest way for a nation to become rich would be to burn down houses , manufactories , and public buildings ...
... commodities were produc- tive of wealth , no matter whether the object for which they are consumed is useful or not , the quickest way for a nation to become rich would be to burn down houses , manufactories , and public buildings ...
Strona 21
... commodity as bread . 3. Define the exact service rendered by labour to pro- duction . 4. What is productive labour ? 5. Shew that unproductive labour is often indirectly very productive . 6. How does division of labour increase its ...
... commodity as bread . 3. Define the exact service rendered by labour to pro- duction . 4. What is productive labour ? 5. Shew that unproductive labour is often indirectly very productive . 6. How does division of labour increase its ...
Strona 22
... commodities may be estimated , and which consequently may be exchanged for all other commodities . A Definition of Capital . Capital may be defined as that part of wealth which is saved in order to assist future pro- duction . An ...
... commodities may be estimated , and which consequently may be exchanged for all other commodities . A Definition of Capital . Capital may be defined as that part of wealth which is saved in order to assist future pro- duction . An ...
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advantage agricultural produce amount Assistant-Master Bank Charter Act bank notes Bank of England bills of exchange Cambridge capital and labour capitalist causes cheques circulating capital circumstances classes coal commodities competition consequently consumed corn corn laws cost of production cotton Crown 8vo decrease demand diminished economic rent effect efficiency of labour employed employers employment English Eton College example exports Extra fcap farm farmer foreign France gold and silver Illustrations imports income income-tax increased industry instance J. P. MAHAFFY labour and capital land landlord late Fellow levied London manufacture margin of cultivation obtain Owens College paid poor rate population price of agricultural production of wealth Professor profits of capital purchase quantity rate of interest rate of profit rate of wages reduced rent Shew supply supposed taxation trade Trinity College value of gold value of money wages and profits wages of labour wages-fund wheat workmen
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