markitect-main/examples/infospace-with-history/output/entities/licence-to-gather-natural-produce.md

Licence to Gather Natural Produce

Definition

The permission required from landowners to collect resources from their property, representing the economic mechanism by which natural produce becomes subject to rent. This formalises the landlord's claim on resources that were previously freely available.

Source Chapter

Book I, Chapter 6

Context

Used to illustrate how rent emerges as a component of price. Smith explains that when land becomes private property, even gathering natural resources requires payment to the landlord, making rent a third component alongside wages and profits.

Economic Domain

Regulation

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