ABSTRACT
The ownership of land, capital, and industry is sometimes united in the same hands. A man who cultivates his own garden at his own expense, is at once the possessor of land, capital, and industry, and exclusively enjoys the profits of proprietor, capitalist, and labourer. Having informed ourselves of the method in which the three great agents of production, industry, capital and natural agents, concur in the creation of products, that is to say, of things applicable to the uses of mankind, let them proceed to analyze more minutely the particular operation of each. Industry and capital are likewise competent to produce by themselves, when that industry is employed upon products of foreign growth, procurable by capital only; as in the European manufacture of cotton and many other articles. So that every class of manufacture is competent to raise products, provided there be industry and capital exerted.
