Those who do not industrialize become hewers of wood and haulers of water.
About this quote
- What does it mean?
- Hamilton links national progress to industrialization, warning otherwise economies remain primitive.
- In plain terms
- Industrialization is needed for a modern economy.
- What can you take from it?
- Invest in industry to grow.
Where it applies
Putting it to work
Questions to consider
- How do economies grow?
- Is industry still key today?
Another view
Other sectors like services also drive modern economies.
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