Quote by Adam Smith
““Wages, profit, and rent, are the three original sources of all revenue, as well as of all exchangeable value. All other revenue is ultimately derived from someone or other of these.””
About This Quote
Source Book: The Wealth of Nations, 1776
Explains that wages, profit, and rent are fundamental sources of revenue and value creation.
In simple terms: Wages, profit, rent are core revenue sources.
Focus on these fundamentals in economics.
Themes
Mood
Type
When to use this quote
- business
- policy
- investment
Key Concepts
Questions to Reflect On
- How do these sources interact today?
- What new revenue streams challenge this view?
May simplify modern financial systems.