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The annual labour of every nation is the fund which…

“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, and which consist always either in the immediate produce of that labour, or in what is purchased with that produce from other nations.” quote by Adam Smith
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“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, and which consist always either in the immediate produce of that labour, or in what is purchased with that produce from other nations.”

Adam Smith

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

A nation's labor produces the goods it needs or can trade for, sustaining its economy.

In simple terms: Labor creates wealth, directly or via trade.

Key Takeaway

Invest in productive labor and fair trade.

Themes

economics labor trade self‑sufficiency

Mood

analytical objective educational

Type

economic philosophical

When to use this quote

  • business planning
  • policy making
  • personal budgeting
  • international trade

Key Concepts

production theory comparative advantage

Questions to Reflect On

  • How does your work contribute to society?
  • What trade benefits your community?
A Different Perspective

Assumes all labor is equally productive, ignoring inequality.

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