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Compare And Contrast Smith And Jefferson

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Another issue that Smith and Jefferson disagreed upon was having a running and flowing economy. Smith highly valued having a functioning economy. The flowing economy would allow everyone to benefit from the products being made and the influx of money from exporting goods, rather than just the people who had direct access to the products. Smith said, “...every individual necessarily labours to render the annual revenue of the society as great as he can.” The economy would serve as a physical representation that everyone’s actions are effectively contributing to the country’s prosperity, whether you support the factories or work in them. This was a constructive argument for industrialization because it showed that everyone would collectively

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