517 B
517 B
Venison
Definition
The meat of deer, used by Smith as an example of a commodity that hunters might exchange for bows and arrows, illustrating how the certainty of exchange encourages specialisation in particular occupations.
Source Chapter
Book I, Chapter 2
Context
Smith uses venison as an example in his discussion of how hunters and shepherds might exchange specialised products, demonstrating how the division of labour emerges from the propensity to exchange.
Economic Domain
Exchange