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# Economic System Influence

## Definition

The effects and impacts that economic arrangements have on various aspects of society, including their consequences for wealth generation, distribution, social organization, and the achievement of political economy's objectives of enriching both the people and the sovereign.

## Source Chapter

Book IV, Chapter 0

## Context

Smith's discussion of different systems and their effects implies the importance of understanding how economic arrangements influence various aspects of society and their broader consequences.

## Economic Domain

General Theory

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