Publisher's Synopsis
Excerpt from A Functional Approach to Social-Economic Data: A Dissertation Submitted to the Faculty of the Graduate School of Arts and Literature in Candidacy for the Degree of Doctor of Philosophy, Department of Political Economy
Here the student can be Shown the Significance in conversion and thus to the whole economic structure of such phenomena as division of labor in the factory and office, and specialization of capital and management. Some of the advantages, disadvantages, and general and Specific effects which are usually indicated in such discussions can be pointed out if desired. It would be well to make very clear that specialization is a method used in governmental or co - operatively Operated units quite as freely as in private business units. In other words, specialization is a method of conversion that may be used with a variety of other methods perhaps as well as with private enterprise.
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