a nation of shopkeepers

The phrase "a nation of shopkeepers" refers to a nation whose economic structure and significance lies primarily in small-scale businesses and commerce. It was popularized by the 18th-century economist Adam Smith in his book "The Wealth of Nations" and is often associated with his views on the importance of entrepreneurship and the free market. The phrase suggests that a nation's strength and prosperity depend on the collective efforts of independent business owners and traders rather than relying heavily on large corporations or governmental institutions. It emphasizes the entrepreneurial spirit, economic self-reliance, and the diversity of small businesses within a nation's economy.