I Became A Black Merchant In Another World

Chapter 303

In the modern age, it's common knowledge that the quality of goods is more important than simply the quantity that can be produced.

This is because goods are plentiful, and there’s no shortage of food, so everyone agrees on it.

However, in more than 90%, or rather, more than 99% of human history, mass production was 100 times more important than quality.

This is because the scarcity of resources was so extreme that, as long as it wasn't completely unusable, people had to make do with what they had.

“Our printing press is already the largest producer of books in the Tuscan Empire, no, the entire Albanian continent. But increasing production by ten times? That’s ridiculous.”

“What’s ridiculous is making the ridiculous become possible. Most things in this world can be solved if you just change your perspective a little.”

Adam Smith said this.

A factory that made 960 pins a day with ten people could increase its output to 48,000 pins a day just by introducing division of labor.

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