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

Adam Smith

Source
The Wealth of Nations
Date
1776
Meaning

Meaning of “Consumption is the sole end and purpose of…”

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

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

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