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Source identified
“Consumption is the sole end and purpose of all production.”

Adam Smith

Source
The Wealth of Nations
Date
1776
Attribution
Source identified
Meaning

What does this quote mean?

Production ultimately exists to serve people who use goods and services, a reminder that economic activity should not lose sight of its human end.

Source context

Where does it come from?

The Wealth of Nations; Smith states the consumer-oriented purpose of production while discussing economic policy.

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Attribution

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This wording is connected with the named source shown above. Translations and editions can vary, so consult the source note when exact wording matters.

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Themes

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