You are viewing a single comment's thread from:

RE: Knowledge of Production and Trade

in #economics2 years ago

Overall, I really enjoyed reading your article. It was very well put together, and I felt that your use of headings, and your quotes were put in very good places to make your point very clear. I thought that your picture was also very useful as kind of a starter to lead in to what you were wanting to get in to. I felt that your take on labor, and comparative advantage as they are used to help the economy was very good to explain your overall take on the articles. I also like how you pointed out the extent that Bylund goes to in order for us to truly understand the history of the economy and how it has changed over time.

Bylund goes back as far as the stone age to give examples of how prevalent labor division has been to mankind.

When I read Bylund's article, I was really feeling the same sort of way, so I liked that you incorporated this into your article. I believe for us to truly understand how far the economy has come, we should be introduced to the full history of it to get the best possible information for our studies. I also really liked your take on letting workers divide and conquer to get the most amount of work done in a short amount of time. Being efficient is something that can truly make or break a company's chance of surviving, and there is lots of behind the scenes work that is done to make this happen. I really liked your take on workers doing the jobs they are assigned to do things more efficiently. Running a business requires lots of things, and being efficient with your employees is something that is very much needed. The labor division and the market division work hand and hand, it is all tied together to make things run more efficiently for your venture to succeed in the long run. Being in the field that you choose, there is so much to learn about the labor division day to day, and I really liked that you incorporated this into your article as well. Producing goods requires lots of labor, and the most efficient companies are the ones you see succeeding in the long run.