TAILIEUCHUNG - The Wealth Nations Adam Smithof

purchased with that produce from other na ti ons . 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 conveniences for which it has occasion. 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. | The Wealth of Nations Adam Smith 1776 AN INQUIRY INTO THE NATURE AND CAUsEs of the wealth of NATIONS by Adam Smith introduction and plan of the WORK THE annual labour of every nation is the fund which originally supplies it with all the necessaries and conveniences 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 conveniences for which it has occasion. 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 abundance or scantiness of this supply too seems to depend more upon the former of those two circumstances than upon the latter. Among the savage nations of hunters and fishers every individual who is able to work is more or less employed in useful labour and endeavours to provide as well as he can the necessaries and conveniences of life for himself or such of his family or tribe as are either too old or too young or too infirm to go a hunting and fishing. Such nations however are so miserably poor that from mere want they are frequently reduced or at least think themselves reduced to the necessity sometimes of directly destroying and sometimes of abandoning their infants their old people

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