The source of the rhetoric of the rich country, what is the ten classic theories of the Wealth of N

Ten classic theories from The Wealth of Nations:

1. The tendency of exchange is motivated by self-interest and gives rise to a division of labor.

2. All people have to live on exchange, or, to a certain extent, all people become merchants.

3. Poverty will undoubtedly make people not want to get married, but it may not make people not get married.

4. Vanity is always based on our belief that we are noticed and praised.

5. The wealth of a country does not lie in the amount of currency, but in the abundance of daily necessities.

6. Depriving us of what we already have is worse than not getting what we deserve. Therefore, trespassing on property is a greater sin than simply tearing up a contract.

7. Gratitude is an essential element of society, because even when there are no economic and legal obligations, it can stimulate the reciprocal occurrence of helping behavior between all parties in society.

8. There is nothing more useful than water, but the goods that can be exchanged for it are very limited, and very few things can be exchanged for water. On the contrary, diamonds are of little use, but they can be exchanged for large quantities of goods. 9. As long as it does not violate the laws of justice, then everyone has complete freedom to pursue his own interests in his own way.

10. By pursuing his personal interests, he often promotes the interests of this society more effectively, beyond his original expectations.

The author of The Wealth of Nations was Adam Smith. The Wealth of Nations, whose full name is A Study of the Nature and Causes of the Wealth of Nations, was written by the classical British economist Adam Smith for nearly a decade, first published in 1776. The Wealth of Nations became the first book to attempt to account the history of industrial growth and business development in Europe, and it became the forerunner of the modern discipline of economics.

The Wealth of Nations is the starting point for the study of modern political economy. One of the great achievements of The Wealth of Nations is the discarding of many of the misconceptions of the past. Adam Smith refuted the old mercantile doctrine, which one-sidedly emphasized the importance of the state stockpiling large amounts of gold.

Impact:

The Wealth of Nations laid the theoretical foundations of a capitalist free economy. "The Wealth of Nations" is the world's first book to expound the history of industrial development and commercial development in Europe, which provides a theoretical basis for the current economic freedom and capitalism, and promotes the development of capitalist society. Since its publication, the book has been translated into many languages and circulated around the world.

The main point of The Wealth of Nations is that human nature is self-interested, and the pursuit of personal interests is the only motive force for people to engage in economic activities. At the same time, people are rational, and as rational economic beings, people can obtain the greatest personal benefits in their economic activities.

The Wealth of Nations laid the theoretical foundation for the capitalist free economy, and the publication of the book marked the establishment of the theoretical system of classical political economy, which can be called the "bible" of Western economics.

The main research content of The Wealth of Nations. The Wealth of Nations is a study of the nature, composition, accumulation, and use of capital. In this article, it is first clearly stated that the composition of capital can be divided into fixed capital and circulating capital, distinguishes between productive and unproductive labor, and discusses the various forms of capital, i.e., between loan capital, industrial capital, and commercial capital.

The first two articles cover basically everything about Smith's theory of political economy.

The Wealth of Nations is a book written by Adam Smith in 1776 and is considered a classic in the field of economics. The book focuses on the concept of economic growth and the factors that contribute to the prosperity of a country.

One of the main points in The Wealth of Nations is that freedom** and free markets promote prosperity and economic growth. Smith believed that when people were free to produce, buy, and sell goods and services as they saw fit, this led to increased efficiency and productivity, which in turn increased wealth and prosperity. Smith also argues that intervention in the economy, such as through the use of tariffs or subsidies, distorts market forces and hinders economic growth.

Another key point in The Wealth of Nations is that the division of labor is a key driver of economic growth. According to Smith, when people specialize in the production of a particular good or service and do it with others, this increases efficiency and productivity because people are able to do their specific tasks skillfully and are able to produce more products in less time.

Overall, the main point of The Wealth of Nations is that free markets and the division of labor are key drivers of economic growth and prosperity. Smith's views and arguments in The Wealth of Nations remain influential in today's economic thought and policy.

1. About the author: Adam Smith, known as the originator of economics, was born in 1723 and studied at the University of Glasgow and Oxford University when he was young. After 1751 he was Professor of Logic and Moral Philosophy at the University of Glasgow, where he was also in charge of school administration before leaving in 1764.

In 1768 he began writing The Wealth of Nations, which was almost completed in 1773, and then spent three years polishing the book, which was published in March 1776 and influenced Britain, continental Europe, and even the Americas. He is known as the father of modern economics and the patron saint of free enterprise.

2. Introduction to The Wealth of Nations: The full name is "A Study of the Nature and Causes of National Wealth", which is a sign of the birth of economics as an independent discipline. In the development of capitalist society, "The Wealth of Nations" played a major role in promoting it, and was hailed as the first systematic great economic work.