I Became A Black Merchant In Another World
Chapter 205
Adam Smith said that the division of labor is the greatest force driving economic development.
According to the famous pin factory story...
If one craftsman can make 10 pins in a day, then if 10 craftsmen are gathered and a thorough division of labor is implemented, they can produce up to 48,000 pins.
To be honest, that was an exaggeration to emphasize the effects of division of labor.
But it was the division of labor that succeeded in increasing production efficiency.
And over time, various machines were invented.
“Even without the steam engine, it would still be like an Industrial Revolution.”
As I approached the factory, black smoke from burning coal rose from the chimney.
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