ABSTRACT

In discussing wages we saw that, however industrious a person might be, it would avail him little if circumstances forced him into an overcrowded employment. The same is true of a group of individuals. Therefore, places which

have facilities for the better paid employments, such as mining, metal working, commerce and finance, would naturally be inhabited by numbers of workers in these employments, and therefore the general average of well­ being will tend to be high. The same will be true of a place which is considered by wealthy people to be pleasant to live in, either temporarily or permanently, though this tendency is often counteracted by the hangers-on ot various kinds who congregate in the haunts of the rich.