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Abstract: English classical political economy occurred at a time of great geographical discoveries important inventions of technology, the development of capitalism, new scientific discoveries. Represent a qualitative leap in the development of the economy. Representatives are Sir William Petty, Adam Smith, David Ricardo. They had great contributions to economic science especially with their theories of the division of labor theory of value of labor and their most famous works.

Key words: labor, economics, theory, findings

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1. 2. Picture 1. Adam Smith Picture 2. David Ricardo

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7. http://www.agr.unizg.hr/multimedia/pdf/ae_skripta_3_dio.pdfhttp://www.slideshare.net/BosiljcicIgor/politika-ekonomija-detaljna-skriptahttp://hr.wikipedia.org/wiki/Adam_Smith

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