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τὸ δὲ μέγιστον: the fact of greatest significance. For neuter words in apposition with a sent., see H. 626 b.

οὐδετέρα: neither sphere of action. The whole section shows that Socrates regarded a wellmanaged household as differing only in degree from a well-managed state. Xenophon elaborated his own views on household management (putting them into the mouth of Socrates) in a special treatise, the Oeconomicus.

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