... or
Commonwealth 921
Chapter I.
Of the Expenses of the Sovereign or
Commonwealth 922
PART 1 922
Of the Expense of Defence 922
PART 2 946
Of the Expense of Justice 946
PART 3 963
Of the Expense of Public ... Branches of Commerce 976
ARTICLE II 1013
Of the Expense of the Institutions for the Education of Youth 1013
ARTICLE III 1049
Of the Expense of...
... distance.
The Wealth of Nations: Book 1
Adam Smith ElecBook Classics
10
PART 4 1088
Of the Expense of Supporting the Dignity of the Sovereign 1088
CONCLUSION 1088
Chapter II.
Of the Sources of the ... naturally increase the number of his
journeymen.
The demand for those who live by wages, therefore, necessarily
increases with the increase of the revenue a...
... explicitly.
The introduction of the wealth estimates methodology and results in
the fi rst two chapters sets the stage for the three leading questions in the
volume. The central tenet of Where Is the Wealth ... concerning the
optimal size of these assets in the portfolio.
The wealth estimates suggest that the preponderant form of wealth
worldwide is i...
...
parts of rent, labour, and profit.
In the price of flour or meal, we must add to the price of the corn, the profits of the miller,
and the wages of his servants; in the price of bread, the profits ... profits of the baker, and the wages of
his servants; and in the price of both, the labour of transporting the corn from the house of the...
...
between them – in the wages of the labourer and the profit of the
employer. Profits, though, are different from wages: they reflect
not the work of the employer, but the value of the capital ... multitude of workmen. The shepherd, the sorter
of the wool, the wool-comber or carder, the dyer, the scribbler, the
spinner, the weaver, the fuller,...
... If they
are negative, the business had a loss.
The first line of the income statement shows the total sales of the business
enterprise. The total sales are a measure of the first mission of the ... Your acceptance of the product is a requirement
for the production process to function for the products that you buy from the business
The Wealth of the...