Book · An Inquiry into the Wealth of Nations
Page 162 of 2651
Author: Adam Smith
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Had this state continued, the wages of labour would have
augmented with all those improvements in its productive powers,
to which the division of labour gives occasion. All things would
gradually have become cheaper. They would have been produced by a
smaller quantity of labour; and as the commodities produced by
equal quantities of labour would naturally in this state of
things be exchanged for one another, they would have been
purchased likewise with the produce of a smaller quantity.
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