An Inquiry Into the Nature and Causes of the Wealth of Nations Chapter Abstracts for Teachers

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Chapter Abstracts

Book 1, Chapter 1

* The introductory material discusses whether spelling changes in different editions have influenced the accuracy of the book.

* In the 1770s, the first published edition was in two volumes.

* In the first volume, Protestants were persecuted. This persecution was still present in the second volume, but in a more moderate way.

* At the end of the introduction, the editor summarizes the principles of the main text.

* The main text will explain industriousness, division of labor, and security.

* The editor also writes about the emergence of government in Britain and its relationship to trade.

Book 1, Chapter 2

* The editor's introduction emphasizes that the author took 27 years to complete the work.

* The author sets forth a theory about the division of labor determined largely by the marketplace.

* The annual product of a nation and its money are two crucial factors.

* Book 1 describes the division of labor and how it works...

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