Journal

The Wealth of Nations by Adam Smith on Blinkist.

[Division of labour enables members to specialize, which encourages focus, innovation, and thus productivity.]

[Money enables a form of labour division by alowing suppliers to specialize rather than providing too broad a selectiong of goods.]

[Trading provides financial compensation to the workers, factory owner, and land owner. This product of labour called “stock” of is used to sustain the recipient and surplus can be directed towards other assets.]

in Toronto / Canada article
Improve.