Wealth of Nations Book Review Cheap

Executive Summary

“Wealth of Nations” is a book that was written by Adam Smith. In writing a book, it is important that an author should have an objective of reaching the audience in an effort to bring out the desired ideas. In writing the book, the author had different perspectives. One of the perspectives was that it does not matter if societies are primarily driven by self-interest because the overall impact is considered good (Smith, 1776). From Smith’s views, the invisible hand associated with the free market ensures that people who act to attain their own benefits end up increasing the whole economy. This implies that the honest labor of individuals to succeed or make progress results in appropriate utilization of resources. Alternatively, from the book, it is apparent that it is possible to acquire wealth through specialization. Based on his arguments, Smiths believes that the wealth of a country is likely to rely more than anything on the manner in which a nation organizes its labor force.

Besides, from the author, the wealth of a nation is usually dependent on the proportion of the population involved in productive work. Smith claims that in affluent nations, although most people may not work, the society on its entirety should be involved in supplying most of the needs of the people. This emanates from the trait of rich countries having greater division of labor compared to poor countries. Furthermore, the author argues that the principle of division of labor does not necessarily rest on physical production. This is because the generation of new ideas, which are important in the development of specialization. In addition, Smith argues that people usually generate wealth through offering something that is of extremely high utility, which has the ability to save. The arguments presented by the author impacts a person’s ability to develop the saving culture. This implies that individuals are made to become more productive through enhancing their skills, which may help in the creation of new ideas.


One lesson that was developed is that there is nothing essentially wrong with the pursuit of self-interest. In most cases, people have wondered whether there is a need to pursue their self-interests rather than focusing on the needs of the economy or the entire society. This is based on the idea that the economic progress of a nation usually depends on the productivity of the individuals. Thus, in any case, the pursuit of personal interests is likely to have the ability of benefiting a person as well as the nation as a whole. Alternatively, another lesson learnt is that division of labor is exceedingly crucial in the development of wealth associated with a nation. From the ideas of Smith, division of labor is crucial in increasing the wealth associated with a country since it helps people to enhance their skills in areas that they can comfortably apply their expertise.

The book challenges a previously held view that capitalism, or the pursuit of self interests is not beneficial to a nation since it may only result in benefiting a person rather than the society. However, from the viewpoint of smith, it is apparent that the pursuit of self-interests is good for both an individual as well as a nation (Smith, 1776). As an individual tries to satisfy personal needs, he is also in a position to benefit a society as a whole since individual productivity is crucial in increasing the productivity of a country. Therefore, in case all individuals were to become productive in an attempt to benefit themselves, the country is likely to benefit too from the individual inputs. Alternatively, the author confirms a prior held view on socialism. In his views, the author indicates that the wealth of a nation is dependent on the proportion of populace involved in productive work. However, he claims that in rich nations, the proportion of people that are involved in productive work does not matter in case the country is in a position to provide the needs of the people wholly.

Self Reflection

The book relates to personal life, goals, and ambitions in that it has been in a position to support the ideas of pursuit of self-interests. In most cases, especially socialist nations, the pursuit of self-interests has been perceived as futile ambitions as there are minimal incentives towards owning the factors of production individually. This makes a person less concerned about the pursuit of self-interests. However, from the ideas of smith, it is apparent that there is a need to focus on the pursuit of self goals as well the attainment of individual satisfaction. Therefore, from the ideas of Smith, the book helps me to focus on the pursuit of personal life, goals, as well as interests.

The book relates to the world and society we live in today since it helps the reader to understand the economics behind the affluence associated with a nation and the means to attain them. In the current world, countries tend to use different means in an attempt to acquire wealth. For instance, there are countries that focus on capitalism while others focus on socialism. Based on the ideas presented by Smith, there is a proposal on how countries can become wealthy without focusing on whether a nation is a socialist or capitalist. The book proposes that it is important for countries to focus on division of labor and specialization. From the argument of the author, division of labor and specialization helps in the development of skills that are critical in certain areas, and such expertise can help in increasing the productivity of individuals that translates to national productivity. Thus, the book can be used by nations in the world in the development of wealth. Furthermore, the book presents the issue of trade, which is usually considered as a global matter. From the perspectives of the author, it is apparent that the involvement of countries in trade is beneficial. According to Smith, all trades are usually beneficial in case they are conducted freely (Smith, 1776). This issue relates to the current trade concerns, where countries in the globe have abolished free trade and instead apply barriers that hinder trade. For instance, there is a current trade war existing amid China and the United States as they both introduce tariffs that discourage trade on both countries.

In case I was the author writing on the subject on the acquisition of wealth, I would support the idea of capitalism. In this case, I would indicate that it would be important for people to focus on owning the means of production as well as the society in an attempt to enhance productivity. This implies that the idea of public-private partnership should be embraced.



Smith, A. (1776). An inquiry into the nature and causes of the wealth of nations, Volume 1. London: W. Strahan and T. Cadell.





Get Professional Assignment Help Cheaply

Buy Custom Essay

Are you busy and do not have time to handle your assignment? Are you scared that your paper will not make the grade? Do you have responsibilities that may hinder you from turning in your assignment on time? Are you tired and can barely handle your assignment? Are your grades inconsistent?

Whichever your reason is, it is valid! You can get professional academic help from our service at affordable rates. We have a team of professional academic writers who can handle all your assignments.

Why Choose Our Academic Writing Service?

  • Plagiarism free papers
  • Timely delivery
  • Any deadline
  • Skilled, Experienced Native English Writers
  • Subject-relevant academic writer
  • Adherence to paper instructions
  • Ability to tackle bulk assignments
  • Reasonable prices
  • 24/7 Customer Support
  • Get superb grades consistently

Online Academic Help With Different Subjects


Students barely have time to read. We got you! Have your literature essay or book review written without having the hassle of reading the book. You can get your literature paper custom-written for you by our literature specialists.


Do you struggle with finance? No need to torture yourself if finance is not your cup of tea. You can order your finance paper from our academic writing service and get 100% original work from competent finance experts.

Computer science

Computer science is a tough subject. Fortunately, our computer science experts are up to the match. No need to stress and have sleepless nights. Our academic writers will tackle all your computer science assignments and deliver them on time. Let us handle all your python, java, ruby, JavaScript, php , C+ assignments!


While psychology may be an interesting subject, you may lack sufficient time to handle your assignments. Don’t despair; by using our academic writing service, you can be assured of perfect grades. Moreover, your grades will be consistent.


Engineering is quite a demanding subject. Students face a lot of pressure and barely have enough time to do what they love to do. Our academic writing service got you covered! Our engineering specialists follow the paper instructions and ensure timely delivery of the paper.


In the nursing course, you may have difficulties with literature reviews, annotated bibliographies, critical essays, and other assignments. Our nursing assignment writers will offer you professional nursing paper help at low prices.


Truth be told, sociology papers can be quite exhausting. Our academic writing service relieves you of fatigue, pressure, and stress. You can relax and have peace of mind as our academic writers handle your sociology assignment.


We take pride in having some of the best business writers in the industry. Our business writers have a lot of experience in the field. They are reliable, and you can be assured of a high-grade paper. They are able to handle business papers of any subject, length, deadline, and difficulty!


We boast of having some of the most experienced statistics experts in the industry. Our statistics experts have diverse skills, expertise, and knowledge to handle any kind of assignment. They have access to all kinds of software to get your assignment done.


Writing a law essay may prove to be an insurmountable obstacle, especially when you need to know the peculiarities of the legislative framework. Take advantage of our top-notch law specialists and get superb grades and 100% satisfaction.

What discipline/subjects do you deal in?

We have highlighted some of the most popular subjects we handle above. Those are just a tip of the iceberg. We deal in all academic disciplines since our writers are as diverse. They have been drawn from across all disciplines, and orders are assigned to those writers believed to be the best in the field. In a nutshell, there is no task we cannot handle; all you need to do is place your order with us. As long as your instructions are clear, just trust we shall deliver irrespective of the discipline.

Are your writers competent enough to handle my paper?

Our essay writers are graduates with bachelor's, masters, Ph.D., and doctorate degrees in various subjects. The minimum requirement to be an essay writer with our essay writing service is to have a college degree. All our academic writers have a minimum of two years of academic writing. We have a stringent recruitment process to ensure that we get only the most competent essay writers in the industry. We also ensure that the writers are handsomely compensated for their value. The majority of our writers are native English speakers. As such, the fluency of language and grammar is impeccable.

What if I don’t like the paper?

There is a very low likelihood that you won’t like the paper.

Reasons being:

  • When assigning your order, we match the paper’s discipline with the writer’s field/specialization. Since all our writers are graduates, we match the paper’s subject with the field the writer studied. For instance, if it’s a nursing paper, only a nursing graduate and writer will handle it. Furthermore, all our writers have academic writing experience and top-notch research skills.
  • We have a quality assurance that reviews the paper before it gets to you. As such, we ensure that you get a paper that meets the required standard and will most definitely make the grade.

In the event that you don’t like your paper:

  • The writer will revise the paper up to your pleasing. You have unlimited revisions. You simply need to highlight what specifically you don’t like about the paper, and the writer will make the amendments. The paper will be revised until you are satisfied. Revisions are free of charge
  • We will have a different writer write the paper from scratch.
  • Last resort, if the above does not work, we will refund your money.

Will the professor find out I didn’t write the paper myself?

Not at all. All papers are written from scratch. There is no way your tutor or instructor will realize that you did not write the paper yourself. In fact, we recommend using our assignment help services for consistent results.

What if the paper is plagiarized?

We check all papers for plagiarism before we submit them. We use powerful plagiarism checking software such as SafeAssign, LopesWrite, and Turnitin. We also upload the plagiarism report so that you can review it. We understand that plagiarism is academic suicide. We would not take the risk of submitting plagiarized work and jeopardize your academic journey. Furthermore, we do not sell or use prewritten papers, and each paper is written from scratch.

When will I get my paper?

You determine when you get the paper by setting the deadline when placing the order. All papers are delivered within the deadline. We are well aware that we operate in a time-sensitive industry. As such, we have laid out strategies to ensure that the client receives the paper on time and they never miss the deadline. We understand that papers that are submitted late have some points deducted. We do not want you to miss any points due to late submission. We work on beating deadlines by huge margins in order to ensure that you have ample time to review the paper before you submit it.

Will anyone find out that I used your services?

We have a privacy and confidentiality policy that guides our work. We NEVER share any customer information with third parties. Noone will ever know that you used our assignment help services. It’s only between you and us. We are bound by our policies to protect the customer’s identity and information. All your information, such as your names, phone number, email, order information, and so on, are protected. We have robust security systems that ensure that your data is protected. Hacking our systems is close to impossible, and it has never happened.

How our Assignment  Help Service Works

1.      Place an order

You fill all the paper instructions in the order form. Make sure you include all the helpful materials so that our academic writers can deliver the perfect paper. It will also help to eliminate unnecessary revisions.

2.      Pay for the order

Proceed to pay for the paper so that it can be assigned to one of our expert academic writers. The paper subject is matched with the writer’s area of specialization.

3.      Track the progress

You communicate with the writer and know about the progress of the paper. The client can ask the writer for drafts of the paper. The client can upload extra material and include additional instructions from the lecturer. Receive a paper.

4.      Download the paper

The paper is sent to your email and uploaded to your personal account. You also get a plagiarism report attached to your paper.

smile and order essaysmile and order essay PLACE THIS ORDER OR A SIMILAR ORDER WITH US TODAY AND GET A PERFECT SCORE!!!

order custom essay paper