---
entity_slug: immediate_consumption
evaluator: null
evaluated_at: '2026-02-23T05:35:53.194062'
overall_score: 4.2
scores:
- name: definition_precision
  value: 4.0
  max_value: 5.0
  rationale: The definition is clear and specific, identifying immediate consumption
    as stock reserved for present use rather than revenue generation, with concrete
    examples (food, clothing, furniture, dwellings). The distinction between consumption
    function versus revenue production provides a precise conceptual boundary.
- name: source_grounding
  value: 5.0
  max_value: 5.0
  rationale: This concept is directly grounded in Smith's text from Book II, Chapter
    1, where he explicitly distinguishes between the portion of stock reserved for
    immediate consumption versus that employed as capital. The examples given (food,
    clothing, household furniture, dwelling houses) align closely with Smith's own
    categorization.
- name: domain_placement
  value: 5.0
  max_value: 5.0
  rationale: The "Consumption" domain assignment is perfectly appropriate, as this
    entity specifically concerns how individuals allocate their stock for immediate
    use rather than productive investment. This represents a fundamental consumption
    category in Smith's economic framework.
- name: vsm_relevance
  value: 3.0
  max_value: 5.0
  rationale: This entity has moderate VSM relevance, most naturally mapping to S1
    (primary operations) as it represents the basic subsistence requirements that
    enable economic actors to function. However, it's somewhat abstract as a pure
    consumption category rather than an active system component.
- name: explanatory_value
  value: 4.0
  max_value: 5.0
  rationale: This entity provides significant explanatory value by illuminating the
    fundamental distinction between wealth used for subsistence versus accumulation,
    which is crucial for understanding Smith's theory of capital formation. It reveals
    the structural relationship between consumption and investment decisions in economic
    behavior.
---

# Evaluation: Immediate Consumption

## definition_precision — 4.0 / 5.0

The definition is clear and specific, identifying immediate consumption as stock reserved for present use rather than revenue generation, with concrete examples (food, clothing, furniture, dwellings). The distinction between consumption function versus revenue production provides a precise conceptual boundary.

## source_grounding — 5.0 / 5.0

This concept is directly grounded in Smith's text from Book II, Chapter 1, where he explicitly distinguishes between the portion of stock reserved for immediate consumption versus that employed as capital. The examples given (food, clothing, household furniture, dwelling houses) align closely with Smith's own categorization.

## domain_placement — 5.0 / 5.0

The "Consumption" domain assignment is perfectly appropriate, as this entity specifically concerns how individuals allocate their stock for immediate use rather than productive investment. This represents a fundamental consumption category in Smith's economic framework.

## vsm_relevance — 3.0 / 5.0

This entity has moderate VSM relevance, most naturally mapping to S1 (primary operations) as it represents the basic subsistence requirements that enable economic actors to function. However, it's somewhat abstract as a pure consumption category rather than an active system component.

## explanatory_value — 4.0 / 5.0

This entity provides significant explanatory value by illuminating the fundamental distinction between wealth used for subsistence versus accumulation, which is crucial for understanding Smith's theory of capital formation. It reveals the structural relationship between consumption and investment decisions in economic behavior.
