Labour was the first price, the original purchase ...

Labour was the first price, the original purchase - money that was paid for all things. It was not by gold or by silver, but by labour, that all wealth of the world was originally purchased.

-Adam Smith

Labour was the first price, the original purchase ... meanings

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Labour was the first price, the original purchase ... quote in Urdu

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Frequently Asked Questions (FAQ)

Who said "Labour was the first price, the original purchase ... "?

"Labour was the first price, the original purchase ... " is one of a famous quotes by Adam Smith. Complete quote is as follows;
"Labour was the first price, the original purchase - money that was paid for all things. It was not by gold or by silver, but by labour, that all wealth of the world was originally purchased."

What is "Labour was the first price, the original purchase ... "?

"Labour was the first price, the original purchase - money that was paid for all things. It was not by gold or by silver, but by labour, that all wealth of the world was originally purchased." This is a quote by Adam Smith which is about . He is known to have been associated with numerous other thought provoking quotes on these topics like;

  • After you're older, two things are possibly more important than any others: health and money.
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What does "Labour was the first price, the original purchase ... " mean?

This quote is primarily about money although it also includes other themes like . It is attributed to Adam Smith. Complete quote is as follows;
"Labour was the first price, the original purchase - money that was paid for all things. It was not by gold or by silver, but by labour, that all wealth of the world was originally purchased."