Adam Smith：The Wealth of Nations, Book II, Chapter II, Paragraph 746

The quantity of industry which any capital can employ, must evidently be equal to the number of workmen whom it can supply with materials, tools, and a maintenance suitable to the nature of the work. Money may be requisite for purchasing the materials and tools of the work, as well as the maintenance of the workmen; but the quantity of industry which the whole capital can employ, is certainly not equal both to the money which purchases, and to the materials, tools, and maintenance, which are purchased with it, but only to one or other of those two values, and to the latter more properly than to the former.

Source： https://www.gutenberg.org/ebooks/3300
Locator：Book II, Chapter II, paragraph 746 · Verified：2026-10-19 · Verification：Exact match

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