The Wealth Of Nations Books I Iii by Adam Smith
An Inquiry into the Nature and Causes of the Wealth of Nations
This seminal work lays the foundation for modern economic theory by exploring the nature and causes of wealth in society. It delves into the division of labor, the role of self-interest in economic activities, and the importance of free markets in promoting prosperity. Through detailed analysis, it examines how individuals' pursuit of personal gain inadvertently contributes to the overall economic well-being of a nation. The text also discusses the impact of government policies, trade, and the accumulation of capital, offering insights into the dynamics of economic growth and the complexities of human behavior in economic systems.
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- Published
- 1776
- Nationality
- Scottish
- Length
- Long
- Pages
- 500-600
- Original Language
- English
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