859 B
859 B
Proportion Between Productive and Unproductive Hands
Definition
The ratio determining the relative numbers of productive labourers who add value to materials versus unproductive labourers who provide services without creating vendible commodities. This proportion depends on the relative size of funds for maintaining productive versus unproductive hands, and determines whether a country tends toward industry or idleness.
Source Chapter
Book II, Chapter 3
Context
The central analytical relationship in the chapter, showing how the division of annual produce between capital replacement and revenue affects the overall productive capacity and economic character of a nation.
Economic Domain
General Theory