Cheapness Quote by David Hume
“Manufacturers...gradually shift their places, leaving those countries and provinces which they have already enriched, and flying to others, whether they are allured by the cheapness of provisions and labour.”
About This Quote
The quote describes how producers relocate to exploit lower production costs, moving from already developed regions to new, cheaper locales.
In simple terms: Economic migration of production for cost savings.
Cost-driven relocation of manufacturing.
Themes
Mood
Type
When to use this quote
- business strategy planning
- policy analysis
- educational case studies
Key Concepts
Practical Applications
- economic forecasting
- investment risk assessment
Questions to Reflect On
- How does this shift affect local economies?
- What policies can mitigate negative impacts?