An Inquiry into the Nature and Causes of the Wealth of Nations, Adam Smith
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An Inquiry into the Nature and Causes of the Wealth of Nations

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Roberto Roby
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who are to consume it, the nation
The division of labour
But this proportion must in every nation be regulated by two different circumstances: first, by the skill, dexterity, and judgment with which its labour is generally applied; and, secondly, by the proportion between the number of those who are employed in useful labour, and that of those who are not so employed. Whatever be the soil, climate, or extent of territory of any particular nation, the abundance or scantiness of its annual supply must, in that particular situation, depend upon those two circumstances.
The annual labour of every nation is the fund which originally supplies it with all the necessaries and conveniencies of life which it annually consumes

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