Adam Smith Quote - In general, if any branch of trade, or any division of labour, be advantageous to the public, the freer and more general the competition, it will always be the more so.
Competition Quotes

In general, if any branch of trade, or any division of labour, be advantageous to the public, the freer and more general the competition, it will always be the more so.

"In general, if any branch of trade, or any division of labour, be advantageous to the public, the freer and more general the competition, it will always be the more so."
— Adam Smith
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Author
Adam Smith
Category
Competition
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Meaning of this quote

The passage argues that competition can extend the benefits of a socially useful trade.

Key takeaway: Assess barriers that prevent capable competitors from participating.

Origin of the quote

The Wealth of Nations (1776)

Who actually said this?

Verified

Wording located in the primary text; capitalization and punctuation may vary.

Attributed author: Adam Smith

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