An Inquiry Into the Nature and Causes of the Wealth of Nations, Volume 1The annual labour of every nation is the fund which originally supplies it with all the necessaries and conveniencies of life which it annually consumes, and which consist always either in the immediate produce of that labour, or in what is purchased with that produce from other nations. According, therefore, as this produce, or what is purchased with it, bears a greater or smaller proportion to the number of those who are to consume it, the nation will be better or worse supplied with all the necessaries and conveniencies for which it has occasion. |
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afford almoſt annual produce antient becauſe beſt BOOK buſineſs cafe capital cauſe CHAP circulation circumſtances coin commodities commonly confequence confiderable confumed courſe cultivation demand diminiſh diſtance employed employment England equal eſtabliſhed Europe exchange expence faid fame manner feems feldom fervants fhillings filk firſt fociety fome fometimes fomewhat foon frequently ftill ftock fubfiftence fuch fufficient fuperior fupply fuppofed furplus gold and filver greateſt himſelf improvement increaſe induſtry intereft itſelf land landlord laſt leaſt lefs leſs loweſt manufactures maſter meaſure metals money price moſt muft muſt natural price naturally neceffarily neceffary obferved occafion otherwiſe pariſh perfon pound weight pounds prefent profits of ſtock proportion provifions publick purchaſe purpoſe quantity of labour raiſe reaſon rent revenue rife ſcarce ſcarcity Scotland ſeems ſhould ſmall ſmaller ſome ſtate ſtill ſuch themſelves theſe thofe thoſe thouſand town trade uſe uſual value of filver wages of labour whole workmen