The first advantage that Adam Smith explains is the specialization of the workman. By reducing a worker’s job to one specific task, the worker can achieve a higher level of skill, precision, agility, and excellence, thus producing a superior fashioned product. This specialized worker can produce a single piece of the final product more rapidly and more efficiently than before. For example, if a single man decided to build his family a house he would shape every facet of the finished home, from the concrete foundation, to the plumbing, to the finished cabinetry. If instead this family’s home were built by a large number of specialized and p

Furthermore, we can see in our modern economy how this trend observed by Adam Smith has advanced to a point where machines and computers have replaced some manual workers entirely. For example, machines can now weld, paint, and assemble in many industrial manufacturing processes with perfect consistency and accuracy.

The third aspect of Adam Smith’s is the concept of implementing machinery into the previously mentioned production techniques. The addition of machines was a natural progression given by men who invented an easier and more productive way to do a specific job. Machines improved production speed, reliability, and consistency within the manufacturing. The machines could assist workers and save cost. With less human-error, production, accuracy and quality increased. A specific example of Smith’s third concept is the invention of a carpenter’s miter box. Previously, a carpenter making a table leg would have to trace an angle, and measure the length of a specific c

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