Political Economy for BeginnersMacmillan, 1876 - 231 pages |
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Page xiii
... employment of wealth - Banks -Joint - stock companies - Bills of Exchange - Bill - discounting -Bills of exchange perform many of the functions of money— Bank notes - Cheques - The Clearing - house - Book credits- Credit influences ...
... employment of wealth - Banks -Joint - stock companies - Bills of Exchange - Bill - discounting -Bills of exchange perform many of the functions of money— Bank notes - Cheques - The Clearing - house - Book credits- Credit influences ...
Page 14
... employment to another . 3rd , Suitable machinery is more likely to be invented , if the mind of the workman is concentrated on a special process . An illustration of the first advantage . The increased dex- terity of the labourer is by ...
... employment to another . 3rd , Suitable machinery is more likely to be invented , if the mind of the workman is concentrated on a special process . An illustration of the first advantage . The increased dex- terity of the labourer is by ...
Page 16
... employment ; for instance , in lifting a heavy weight or in hauling up an anchor , as in the example just given . 2nd , Complex Cooperation ; or the cooperation which takes place when several persons help each other in dif- ferent ...
... employment ; for instance , in lifting a heavy weight or in hauling up an anchor , as in the example just given . 2nd , Complex Cooperation ; or the cooperation which takes place when several persons help each other in dif- ferent ...
Page 18
... employment in other directions . In ́the second case it opens new fields of enterprise , which tend to absorb the labour set free by the introduction of machinery into other industries . The productive power of Labour is increased by ...
... employment in other directions . In ́the second case it opens new fields of enterprise , which tend to absorb the labour set free by the introduction of machinery into other industries . The productive power of Labour is increased by ...
Page 19
... employment , he can turn his hand to nothing else ; and he and his family soon become dependent on the rates , or on private charity . The Morality of the Labourer . The morality of the labourer is also an important agent in increasing ...
... employment , he can turn his hand to nothing else ; and he and his family soon become dependent on the rates , or on private charity . The Morality of the Labourer . The morality of the labourer is also an important agent in increasing ...
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Common terms and phrases
advantage agricultural produce amount Bank Charter Act Bank of England bills of exchange Cambridge capital and labour capitalist causes cent cheques circulating capital circumstances classes cloth coal College commodities competition consequently consumed corn corn laws cost of production cotton Crown 8vo decrease demand division of labour economic economic rent effect employed employers employment English example exchange value exports Extra fcap farm farmer foreign France gold and silver illustration imports income income-tax increased industry instance labour and capital land landlord levied London manufactured margin of cultivation modities 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 regulated rent School Second Edition Shew supply supposed taxation tenant tion trade value of gold value of money wages and profits wages of labour wages-fund wheat workmen
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