markitect-main/examples/infospace-with-history/output/entities/unimproved-land.md

Unimproved Land

Definition

Land that has not been enhanced through human investment in drainage, fencing, clearing, or other improvements that increase its productive capacity. Even unimproved land can command rent based on its natural productive qualities.

Source Chapter

Book I, Chapter 11

Context

Smith uses examples of unimproved land, such as kelp-producing shores and uncultivated pastures, to demonstrate that rent is not solely a function of human improvements but also reflects the natural productive capacity of land.

Economic Domain

Production

---