markitect-main/examples/infospace-with-history/output/entities/funds-for-maintaining-productive-labour.md

Funds for Maintaining Productive Labour

Definition

The capital and revenue sources that employ productive hands whose labour adds value to materials. These funds are much greater in rich countries and bear a much greater proportion to those likely to be employed in maintaining idleness, determining the general character of inhabitants as industrious or idle.

Source Chapter

Book II, Chapter 3

Context

Smith argues that the proportion between these funds and those for maintaining unproductive hands determines whether a country tends toward industry or idleness, with rich countries having larger proportions of productive labour.

Economic Domain

Production

---