The productivity of a pin factory can be improved if production is broken down into its component parts.

制针厂可以通过将生产流程分成几个组成部分提高生产率。

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One reason is found in Adam Smith's famous story of the pin factory. Smith observed that the pin factory was so productive because it allowed workers to specialize.

原因之一从亚当·斯密著名的针厂故事中可见一斑，他发现针厂如此高效的原因是专业化分工。

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This, as Adam Smith so boringly pointed out about the pin factory, means that we can gain greater outputs through fewer inputs.

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The theory goes back to Smith's pin factory and specialization.

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