The "Wealth of Nations" is the second most cited book in the social sciences published before 1950. Read the full text of this pivotal book on classical economics by Adam Smith.

Read this section of a chapter on "The Antebellum South" to assess the distribution of wealth and learn about the southern culture of honor.

By the end of this section, you will be able to discuss the importance of studying economics, explain the relationship between production and division of labor, and evaluate the significance of scarcity.