Principles of Economics, Volume 1 |
Contents
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Common terms and phrases
action Adam Smith agriculture amount ancient Rome BOOK BOOK IV capital and labour Carl Menger causes century chapter character chief chiefly classes common consumption cultivation custom deductive reasoning derived desire developed difficulty diminish diminishing return division of labour doctrine dose economic science economists England English enterprise equal evil fact factors of production factory freedom give Government greater growth habits hand important income increase individual industry influence instance kind knowledge land less machinery man's manufacturing marginal utility marriage material measure mediæval ment methods modern motives nature nearly organization partly perhaps person Physiocrats pleasure Political Economy population problems Producer's Surplus production Prof progress purchasing race reason regard rent social soil strength supply price term things thought tion towns trade true vigour wages wants wealth