# Ordinary Rates of Wages, Profit, and Rent ## Definition The average or typical rates of wages, profit, and rent that prevail in a society or neighbourhood, regulated partly by general circumstances of the society and partly by the particular nature of each employment. ## Source Chapter Book I, Chapter 7 ## Context Presented as the foundation for understanding natural prices, with these ordinary rates being "naturally regulated" by both societal conditions and employment-specific factors. ## Economic Domain Distribution ---