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# Three Original Sources of Revenue

## Definition

The fundamental origins from which all economic income derives: wages from labour, profits from stock, and rent from land. These represent the three basic ways in which individuals can derive income in an economic system.

## Source Chapter

Book I, Chapter 6

## Context

Presented as the conclusion to Smith's analysis of price components. He argues that all other forms of revenue ultimately derive from one or more of these three sources, including taxes, salaries, and various forms of income.

## Economic Domain

Distribution

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