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Abstract
The 1776 dated “Wealth of Nations” work of Adam Smith has formed economic dimension of
the Industrial Revolution and also transformed economics into the identity of a social science. As
if the wealth of nations, namely the welfare increase became the top goal two and a half centuries
ago, it is the top goal today and in the future as well. So understanding Smith’s works well carries
importance in fighting against poverty in the world. According to Smith, in the basis of the
welfare increases (wealth of nations) are labor and cooperation. Tendency underlying cooperation
is the tendency of swap. It is considered that understanding Smith’s works well will provide
solution for poor countries and therefore contribute to poor population in the world to decrease.
For solving poverty and problems concerning welfare (destitution, hunger, etc.), Smith’s works
need more historic examination. In this study it was aimed to contribute to the given
examination.