Adam Smith：The Wealth of Nations, Book II, Chapter V, Paragraph 900

It is thus that the same capital will in any country put into motion a greater or smaller quantity of productive labour, and add a greater or smaller value to the annual produce of its land and labour, according to the different proportions in which it is employed in agriculture, manufactures, and wholesale trade. The difference, too, is very great, according to the different sorts of wholesale trade in which any part of it is employed.

Source： https://www.gutenberg.org/ebooks/3300
Locator：Book II, Chapter V, paragraph 900 · Verified：2026-10-19 · Verification：Exact match

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