The underlying logic of Adam Smith's theory was used to advance the rationalization that he called specialization of labor.

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Adam Smith's theory of the invisible hand, which advocates for a market economy driven by self-interest and competition, also laid the foundation for his concept of the division of labor or specialization of labor. This idea entails breaking down large tasks into smaller, more specialized ones, allowing individuals to become experts in their field and leading to increased productivity and efficiency.

The Underlying Logic of Adam Smith's Theory Was Used to Advance