The Wealth of Nations
Plan of the Work and Book I, Chapter 1
What is the full title of this book?
When was it published?
Introduction and Plan of the Work
- What is the wealth of a nation? (That is, how is the wealth of a nation measured?)
 What two circumstances determine the wealth of a nation, other things being equal? (That is, what is wealth “regulated by”?)
 Of these two, which “seems to” be more important? What example does Smith give to support his argument?
 What is the first subject Smith plans to address in the Wealth of Nations?
 What determines the number of those employed in useful labor?
Book I, Chapter 1
 What has caused the greatest increase in the productive powers of labor?
 How does Smith propose to show the effects of the division of labor?
 What does the example of the pin factory show?
 Is the pin factory a special case?
– Why does the division of labor lead to an increase in productivity?
- What is the result of the increase in productivity created by the division of labor?