Which book illustrates the advantages of specialization using an eighteenth-century pin factory as an example?

A) Free to Choose,by Milton Friedman
B) The Wealth of Nations,by Adam Smith
C) Das Kapital,by Karl Marx
D) The General Theory,by John Maynard Keynes

Specialization

The focus of a business, region, or individual on producing a limited range of goods or services to gain greater efficiency and productivity.

Eighteenth-Century

A period in history ranging from the year 1701 to 1800, characterized by significant developments in politics, philosophy, science, and arts.

Pin Factory

A classic example used by Adam Smith to describe the benefits of specialization and division of labor.