Question

passage 1 passage 2 what is competition from the point of view of the workman? it is work put up to auction. a contractor wants a workman: three present themselves.—how much for your work?—half - a - crown; i have a wife and children.—well; and how much for yours?—two shillings: i have no children, but i have a wife.—very well; and now how much for you?—one and eightpence are enough for me; i am single.—then you shall have the work. it is done; the bargain is struck. and what are the other two workmen to do? it is to be hoped they will die quietly of hunger.... according to the political economists of the school of adam smith and leon say, cheapness is the word in which may be summed up the advantages of unlimited in passage 2, what does blanc mean in the last paragraph, on pages 3 - 4, when he compares cheapness to a hammer? the development of new technology makes manufacturing too expensive for small producers. the labor of underpaid workers is used to build up the wealth of the business owners. the construction of large factories attracts workers to leave home for unskilled jobs at low pay. the promise of low prices is used to justify a system that destroys small businesses.

Explanation:

Blanc likely means that the idea of cheapness is used as a tool (like a hammer) to promote a system that benefits some at the expense of small - businesses. The promise of low prices is used to justify a system that destroys small businesses, which aligns with the concept of cheapness being a 'hammer' in this context.

Answer:

The promise of low prices is used to justify a system that destroys small businesses.