Adam Smith：The Wealth of Nations, Book II, Chapter I, Paragraph 700

Every fixed capital is both originally derived from, and requires to be continually supported by, a circulating capital. All useful machines and instruments of trade are originally derived from a circulating capital, which furnishes the materials of which they are made, and the maintenance of the workmen who make them. They require, too, a capital of the same kind to keep them in constant repair.

Source： https://www.gutenberg.org/ebooks/3300
Locator：Book II, Chapter I, paragraph 700 · Verified：2026-10-19 · Verification：Exact match

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