Economics Quote by Adam Smith
“Wherever there is great property, there is great inequality.”
About This Quote
Source Book: The Wealth of Nations, 1776
Wealthy landowners tend to create large economic gaps, leading to social inequality.
In simple terms: Rich property creates inequality.
Address wealth distribution.
Themes
Mood
Type
When to use this quote
- policy making
- urban planning
- tax reform
Key Concepts
Questions to Reflect On
- What policies can reduce inequality?
- How does property concentration affect social mobility?
Economic growth can also reduce poverty if managed well.