This quote is emphasizing the importance of industry, commerce, and security in the well-being and economic growth of society. Industry refers to the production of goods or related services within an economy. Commerce, on the other hand, is concerned with the exchange of goods and services, and it’s the mechanism through which industry distributes its products. Security, in this context, can be interpreted as both physical safety and economic stability.

When these three elements are robust and well-functioning, they create an environment where people can thrive. Industry and commerce lead to job creation, wealth generation, and technological advancements, all of which can enhance the quality of life. Security, both in terms of safety from harm and financial stability, gives people the freedom to pursue opportunities and live without constant fear or stress.

In today’s world, this quote is still very relevant. Economies thrive when there is a healthy balance of manufacturing (industry), trade (commerce), and a stable environment (security). Countries with strong industries and commerce are often prosperous with high standards of living, such as the United States, Germany, or Japan. In contrast, countries with weak industries and commerce, coupled with insecurity, often face economic hardships, as seen in many conflict-ridden regions.

On a personal development level, this quote can be interpreted as advocating for industriousness, financial acumen, and the seeking of stability. Being industrious, or hard-working, can lead to personal growth and success. Understanding commerce, or the principles of business and finance, can lead to wealth creation and financial independence. Lastly, seeking security, both physically and financially, can lead to a peaceful and stress-free life.

Therefore, the pursuit of these three elements can lead to personal happiness and prosperity, mirroring the larger societal benefits on a micro level.