# Wages of a Journeyman ## Definition The payment received by skilled workers who labour under the direction of a master craftsman or manufacturer. This represents the compensation for manual labour distinct from the profits earned by the employer. ## Source Chapter Book I, Chapter 6 ## Context Used to illustrate how independent manufacturers can earn both wages and profits. Smith explains that such individuals gain both the wages of a journeyman and the profit that a master would make, though this combined income is commonly called profit. ## Economic Domain Distribution ---