Sociology 101 Smith

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oathkeepr
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286497
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Sociology 101 Smith
Updated:
2014-12-16 02:22:45
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SOCIOL 101 Adam Smith
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sociology ucb
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Sociology 101
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  1. What are the: Causes of the division of labor?
    • Smith believed that men had a propensity to truck, barter and exchange, and that this is driven by his social and dependent nature.
    • This propensity is self-serving.
    • Self-interest compels man to specialize because this makes exchange possible and advantageous.
    • Specialization of tasks or trades that is specific to an industry.
    • People are sorted by habit, custom and education.
  2. What are the positive consequences of the division of labor? (for the individual)
    (for the individual): increases dexterity, saves times, increases creativity
  3. What are the positive consequences of the division of labor? (for society)
    (for society): Increased productivity, which then leads to universal opulence.
  4. What are the negative consequences of the division of labor? (for the individual)
    (for the individual): leads to stupefaction
  5. What are the negative consequences of the division of labor? (for society)
    (for society): conflict between laborers and their masters, with the masters having an advantage
  6. Based on the negative consequences of the division of labor; what are the advantages the masters have over the workers?
    • - there are fewer of them and can organize easily
    • - they concentrate political power in the form of laws
    • - they have more resources at their disposal (workers resort to violence; however, nothing comes of it)
  7. Consequences of the division of labor...
    • - wages must be enough to support a laborer and his family.
    • - the price of labor is based on demand
    • - social harmony-the market is self-regulating due to competition
  8. What are the causes of the division of labor?
    Productive forces expand of the capitalists
  9. The price of labor is based on demand.....
    • - If there is economic growth then wages can increase
    • - if there is not economic growth, then wages remain stagnate or decrease with an increase of the labor supply

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