22 lines
854 B
Markdown
22 lines
854 B
Markdown
<!-- generated: provider=openrouter model=arcee-ai/trinity-large-preview:free date=2026-02-19 source=book-3-chapter-01 -->
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# Carriage Value Savings
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## Definition
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The economic advantage gained by rural producers located near towns, who receive the full value of transportation costs in their selling prices while simultaneously saving these costs in their purchases. This differential creates higher land values near towns compared to more distant areas, contributing to the spatial economic inequality that characterizes market economies.
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## Source Chapter
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Book III, Chapter 1
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## Context
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Smith uses this concept to illustrate how market proximity creates economic advantages that compound over time, explaining the observed differences in land cultivation and value between areas near and far from market towns.
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## Economic Domain
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Exchange
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---
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