infospace: remove example output — will replay chapter by chapter

This commit clears the tangled example output so each chapter
can be re-committed cleanly via S3.2.
This commit is contained in:
2026-02-19 09:22:55 +01:00
parent 3ac8447c10
commit 715ef19d1c
135 changed files with 0 additions and 30357 deletions

View File

@@ -1,19 +0,0 @@
# stock
**Definition**
Stock refers to the accumulated capital, materials, and resources that an entrepreneur or employer invests in order to employ labour and produce commodities. It includes both the physical inputs (raw materials, tools) and the financial capital required to sustain production until the product is sold.
**Source Chapter**
*The Wealth of Nations*, Book1, Chapter6.
**Context**
Smith discusses stock when describing how “stock has accumulated in the hands of particular persons” and how it is employed to “set to work industrious people.” He links stock to the ability to earn profit and to the wages paid to labourers.
**Economic Domain**
Accumulation
**Smiths Original Wording**
> “As soon as stock has accumulated in the hands of particular persons, some of them will naturally employ it in setting to work industrious people…”
**Modern Interpretation**
In modern terms, stock is synonymous with capital stock—the total value of physical and financial assets used in production. It is a key input in the production function and a determinant of a firms capacity to generate profit.