1.3. Villages

An Essay on Economic Theory by Richard Cantillon

Tags: Monetary Theory, Value and Exchange

12/01/2014 Richard Cantillon

In this first of four chapters on economic geography and location theory, Cantillon explains that settlements are based on the requirements of production, especially the quantity of labor, and the extent of the specialization and division of labor.

From Part 1: Production, Distribution, and Consumption. Narrated by Millian Quinteros.

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