This paper begins with a review of the division of labour as presented in Adam Smith's economic classic. The paper considers
the causes and how it is beneficial to society. Next, the paper looks at the topic of price and value of commodities and it expounds further on labour and its recompense, i.e. wages, and on the profits of stock and the rent of land. This review is
followed by a review of the nature, accumulation and employment of stock and a short description of the towns-country interdependency in the industry of countries. The paper concludes with an examination of the
mercantile system, the colonies and the colony trade of the world's greatest nations, that followed the great discoveries at the end of the fourteenth century and fifteenth century.