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# Colonial Economic Development Constraints

## Definition

The artificial limitations on colonial economic growth imposed by monopoly policies, including restricted trade access, controlled production, and limited market opportunities. These constraints prevent colonies from achieving their natural development trajectory.

## Source Chapter

Book IV, Chapter 7

## Context

Smith systematically identifies how monopoly policies create development constraints that limit colonial prosperity. He argues that removing these artificial constraints would allow colonies to develop more rapidly and achieve higher levels of economic success.

## Economic Domain

Production

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