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# Landlord's Share

## Definition

The portion of the total produce from land that goes to the landlord as rent, distinct from the portions that go to the farmer as profit and to laborers as wages. The landlord's share increases with the productivity of the land and the efficiency of cultivation.

## Source Chapter

Book I, Chapter 11

## Context

Smith examines how the landlord's share of agricultural produce is determined by the surplus value created by the land after all necessary costs of production have been met, and how this share varies with different types of land and agricultural practices.

## Economic Domain

Distribution

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