Let's imagine you, me, and another person decide to make bread.
If we all grow our own wheat, and then all mill our own wheat, and then all bake our own bread, each one of us is going to need land, farming equipment, a mill, baking facilities and a lot of different expertise.
Instead, you could only grow wheat, I could mill all the wheat, and the third person could do all the baking.
The advantage of this system is that we all get a lot better at the particular bit we're concentrating on, and we don't each need to have all the equipment, land and buildings.
For Novanet users a factory producing motors for a car
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Rights in people refers to the concept of owning slaves and their labor as property. This used to be indistinguishable from, for example, rights to land.
land labor and loot
National War Labor Board