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AN ANALYSIS OF ADAM SMITH'S INQUIRY

INTO THE NATURE AND CAUSES OF

THE WEALTH OF NATIONS.

BOOK III.

OF THE DIFFERENT PROGRESS OF OPULENCE IN

DIFFERENT NATIONS.

CHAPTER 1.

of the Natural progress of Opulence.

The great commerce of every civilised society is that carried on between the inhabitants of the town and those of the country. The town, in which there is no reproduction of substances, gains its whole wealth from the country; but the country is no loser, the gains are reciprocal, and the division of labour is advantageous to all the persons employed. The inhabitants of the country purchase of the town a greater quantity of manufactured goods, with the produce of a smaller quantity of labour, than they must have employed had they prepared them themselves. The town affords a market for the surplus produce of the country. The greater the number and revenue of the inhabitants of the town, the more extensive is the market which it affords to those of the country; the more extensive the market, the more advantageous is it to a great num

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