This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1897 edition. Excerpt: ...which, for the production of certain classes of commodities, is of unrivalled efficiency. This group of trades illustrates also that excessive specialization of individual aptitudes which, under certain conditions, tends to accompany division of labour. But, although the foregoing are instances of highly ...
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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1897 edition. Excerpt: ...which, for the production of certain classes of commodities, is of unrivalled efficiency. This group of trades illustrates also that excessive specialization of individual aptitudes which, under certain conditions, tends to accompany division of labour. But, although the foregoing are instances of highly developed localization, neither those mentioned, nor any other trades in London, present it in such an excessive or disproportionate form as to involve for London as an industrial area the same kind of economic weakness that excessive specialization involves for the individual. From this danger London is saved by the variety of her industries. The precise localization of the printing and furniture trades, and of many others that might be mentioned, finds an explanation, not in any inherent advantages possessed by the particular areas in which they flourish, but rather in chance. A favourable start has been followed by a gradual development, adding to the strength of the trade and securing, in an increasing degree, the advantages of-connection and efficiency that concentration tends to ensure. In the absence of any particular unfitness, the locality gradually acquires a special suitability: a great market is established; a tradition formed, and the associations of a trade dominate and give character to a whole district. But it is sometimes possible to indicate more special explanations of localization. We find, for instance, the packing-case makers in the City; the carriage builders near the West End; and the heavy van-builders mainly in East and South-East London, where most of the heavy carting is done--all attracted to their respective districts by the wish to secure the advantages of nearness to an appropriate market, while light vans, ...
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