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Adam Smith's Wealth Of Nations
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This first reading of Adam Smith's, Wealth of Nations, examines the
labor force, ( in this case, of Europe and England ) how it functions to
improve abundance and how that abundance is distributed throughout society.
The amount of annual abundance in a country will depend on two
circumstances. First, by the skill, dexterity, and judgment i ....
Middle of paper ....ce known as mint.
This first portion of Wealth of Nations struck me as a mini course in
basic economics. However, given the time period it was written, it did
give me an insight into how our own country prospered so greatly in such a
short time using natural resources, division of labor, and machinery.
Also, as I read about the divisio.... |
Word count: 400 |
Page count: 2 |
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