This passage is found in Chapter VII, paragraph sixteen of by Adam Smith`s An Inquiry into the Nature and Causes of the Wealth of Nations. Briefly called the Wealth of Nations demonstrates the general principles of political economy. The book was written in the 18th century by a brilliant Scottish political economist and thinker, and founder of the modern classical economic thought, Adam Smith, who wasn`t an old-fashioned believer in state control of trade and industry and didn`t describe the most proper regulations for securing wealth and abundance as well. The some portion of Smith’s lectures such as ‘Jurisprudence’, which is about ‘Police, Revenue and Arms’ and the ‘Laws of Nations’, theory of the general principles of law and government,
