markitect-main/examples/infospace-with-history/output/entities/colony-economic-system-purpose.md

Colony Economic System Purpose

Definition

The fundamental reason for establishing and maintaining colonial economic arrangements, which Smith argues should be mutual benefit rather than the enrichment of the mother country at the expense of the colonies.

Source Chapter

Book V, Chapter 3

Context

Smith discusses the proper purpose of colonial economic systems, arguing that they should aim for mutual benefit rather than the one-sided advantage that has characterized much colonial policy.

Economic Domain

Regulation

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