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Smith, "the division of labour is limited to the sizes of the markets". ["The Division of labourIt is limited to the sizes of the markets "- such is the name it. 3 it. 1 compositions And.
Smith Bogatstvo of the people.] in chapter 5 we will show that growth of the markets stimulated
And, in turn, it was urged on by an eminence of factory system of manufacture.
But the factors outlined in first half of this chapter, worked on expansion The European trade some centuries prior to occurrence of factories.
Qualitative change was, to a certain extent, something absolutely return
To practice and past beliefs. In chapter 2 we have interrupted the description medieval
Trade on that the system of market pricing was absolutely It is incompatible with medieval values and consequently practised only in
Several cities which have already fallen outside the limits feudalism and represented
Itself certain cracks in system of laws of that time and norms. But what image
This contemptible exception of practice and values of the western society has reached
Ascendent position in an economic life of the West? Some reasons Are specified in the second part of this chapter.
In the end of the head we consider, how was reflected in position of the feudal
Masters and other classes of a feudal society lifting of a class of dealers, and
Also we discuss arisen in generalisation of this process the theory that the historical
The science as a whole is the story how one ruling class supersedes Another.
Expansion of the markets: geographical opening
What has served as the reason of expansion of the markets? The most frequent answer is that: the reason
Expansions of the markets - resulted great geographical opening The European trade with the overseas countries. Vasco da Gama wonderfully
Has rounded cape of Kind Hope and has opened a waterway to the Far East, then
Have opened a New World and so on. These overseas markets delivered grandiose
To possibility for profit extraction, as became stimulus for Capitalist development.
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