678 B
678 B
Immediate Consumption
Definition
That portion of an individual's stock reserved for present use and subsistence, consisting of food, clothing, household furniture, and dwelling houses that provide no revenue but sustain the owner.
Source Chapter
Book II, Chapter 1
Context
The second fundamental division of stock, distinguished from capital by its consumption function rather than revenue production, forming the basis for understanding the distinction between wealth accumulation and subsistence.
Economic Domain
Consumption