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Adam Smith's Wealth Of Nations

Part 1 of Paper
....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 in applying labor. Second, by the number of those employed in useful l....

Part 2 of Paper
....ould be divided. Metals were first used as crude bars of iron or copper with richer nations using gold and silver. Eventually, the bars evolved into money as we know it today, stamped by public office 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 ....

Number of words: 400 - Approximate pages: 2

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