markitect-main/examples/infospace-with-history/output/entities/capital-of-the-farmer.md

Capital of the Farmer

Definition

The financial resources employed by agricultural producers for cultivation, including funds for seeds, equipment, livestock, and labor necessary for crop production.

Source Chapter

Book IV, Chapter 5

Context

Smith emphasizes that the true cost of bounties includes not just the government payments but also the capital invested by farmers, which must be adequately compensated for the trade to be genuinely beneficial.

Economic Domain

Production

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