Microeconomics quick response

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Read the attached document and watch video provided, write a response to the following questions

  1. What does Thoreau think of the division of labor? Explain.
  2. Do you see a similarity between Thoreau’s views and the message implied by Charlie Chaplin’s famous “Factory Scene”? Explain. What is given up when we have a division of labor?
  3. How would a classical economist (such as Adam Smith or David Ricardo) respond to Thoreau? (and Charlie Chaplin. :))
  4. What is your vision of the division of labor after studying chapter 3 and reading the Thoreau and Smith passages?
 
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