Or all of the following:
2. Carver, Elementary Economics, chapters ix-xiii.
3. Adams, Description of Industry, chapter v.
4. Ely, Outlines of Economics, chapter viii.
5. Smith, Wealth of Nations, Book I, chapters i and ii.
QUESTIONS ON THE REQUIRED READINGS
1. What instinct in man gives rise to the division of labor? (Smith, chapter ii.)
2. Name and distinguish between the two kinds of division of labor. (Carver, pages 77-82.)
3. How does pin making illustrate the principle of the division of labor? (Smith, chapter i.)
4. How does the meat packing industry illustrate the principle of the division of labor? (Ely, page 125.)