Book · An Inquiry into the Wealth of Nations
Page 145 of 2651
Author: Adam Smith
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But, in some employments, the same quantity of industry will, in
different years, produce very different quantities of
commodities; while, in others, it will produce always the same,
or very nearly the same. The same number of labourers in
husbandry will, in different years, produce very different
quantities of corn, wine, oil, hops, etc. But the same number of
spinners or weavers will every year produce the same, or very
nearly the same, quantity of linen and woollen cloth. It is only
the average produce of the one species of industry which can be
suited, in any respect, to the effectual demand; and as its
actual produce is frequently much greater, and frequently much
less, than its average produce, the quantity of the commodities
brought to market will sometimes exceed a good deal, and
sometimes fall short a good deal, of the effectual demand.
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