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Need help with Book 1, Chapter 5 in Adam Smith's The Wealth of Nations? Check out our revolutionary side-by-side summary and analysis.
- The Wealth of Nations: Book 1, Chapter 1 Summary & Analysis
Need help with Book 1, Chapter 1 in Adam Smith's The Wealth...
- The Wealth of Nations: Book 1, Chapter 1 Summary & Analysis
Summary. Here, Smith lays out his central definitions of wealth and value, arguing that "the real price of every thing ... is the toil and trouble of acquiring it." This, Smith, admits, is a counterintuitive and abstract way of thinking about value, especially since two quantities of labor may be hard to compare directly.
Free summary and analysis of Book I, Chapter 5 in Adam Smith's The Wealth of Nations that won't make you snore. We promise.
The Wealth of Nations study guide contains a biography of Adam Smith, literature essays, a complete e-text, quiz questions, major themes, characters, and a full summary and analysis. Best summary PDF, themes, and quotes.
Need help with Book 1, Chapter 1 in Adam Smith's The Wealth of Nations? Check out our revolutionary side-by-side summary and analysis.
Adam Smith's The Wealth of Nations Chapter Summary. Find summaries for every chapter, including a The Wealth of Nations Chapter Summary Chart to help you understand the book.
Book 1, Chapter 5 Summary: “Of the Real and Nominal Price of Commodities, or of Their Price in Labour, and Their Price in Money”
