markitect-main/examples/infospace-with-history/output/entities/labouring-cattle.md

Labouring Cattle

Definition

Domesticated animals used in agricultural production to perform work such as ploughing, hauling, and other farm tasks. These represent a form of fixed capital in agricultural production.

Source Chapter

Book I, Chapter 6

Context

Used as an example of how agricultural prices must cover not only current costs but also replace capital investments. Smith explains that the price of corn must pay for the maintenance of labouring cattle as well as compensate for their gradual deterioration through use.

Economic Domain

Production

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