China is a much richer country than any part of Europe.
About this quote
- What does it mean?
- China is wealthier than any part of Europe.
- In plain terms
- China has more wealth than Europe.
- What can you take from it?
- China was historically richer than Europe.
Where it applies
Putting it to work
Questions to consider
- How is wealth measured here?
- Does this hold today?
Another view
Wealth measures and definitions have changed over time.
More from Adam Smith
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