Adam Smith：The Wealth of Nations, Book II, Chapter II, Paragraph 709

It has been shown in the First Book, that the price of the greater part of commodities resolves itself into three parts, of which one pays the wages of the labour, another the profits of the stock, and a third the rent of the land which had been employed in producing and bringing them to market: that there are, indeed, some commodities of which the price is made up of two of those parts only, the wages of labour, and the profits of stock; and a very few in which it consists altogether in one, the wages of labour; but that the price of every commodity necessarily resolves itself into some one or other, or all, of those three parts; every part of it which goes neither to rent nor to wages, being necessarily profit to some body.

Source： https://www.gutenberg.org/ebooks/3300
Locator：Book II, Chapter II, paragraph 709 · Verified：2026-10-19 · Verification：Exact match

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