26 lines
668 B
Markdown
26 lines
668 B
Markdown
<!-- generated: provider=openrouter model=arcee-ai/trinity-large-preview:free date=2026-02-19 source=book-5-chapter-03 -->
|
|
|
|
# Colony Economic System Design
|
|
|
|
## Definition
|
|
|
|
The intentional structuring of colonial economic arrangements by metropolitan
|
|
authorities, which Smith criticizes as often being based on mercantilist
|
|
principles that do not reflect the actual economic conditions of colonies.
|
|
|
|
## Source Chapter
|
|
|
|
Book V, Chapter 3
|
|
|
|
## Context
|
|
|
|
Smith critiques the design of colonial economic systems by British authorities,
|
|
arguing that they are based on outdated mercantilist principles rather than
|
|
sound economic reasoning.
|
|
|
|
## Economic Domain
|
|
|
|
Regulation
|
|
|
|
---
|