---
entity_slug: active_and_productive_stock
evaluator: null
evaluated_at: '2026-02-23T00:19:28.544379'
overall_score: 4.6
scores:
- name: definition_precision
  value: 4.0
  max_value: 5.0
  rationale: The definition clearly distinguishes active/productive stock from dead
    stock and specifies what constitutes each category (materials, tools, provisions,
    labour in production vs. idle capital). The contrast is precise and captures a
    distinct economic concept about capital utilization.
- name: source_grounding
  value: 5.0
  max_value: 5.0
  rationale: This entity is directly grounded in Smith's text from Book II, Chapter
    2, where he explicitly discusses the distinction between active/productive stock
    and dead stock in the context of banking's role in capital mobilization. The terminology
    and concept are authentically Smithian.
- name: domain_placement
  value: 5.0
  max_value: 5.0
  rationale: The "Accumulation" domain is perfectly appropriate since this concept
    deals with how capital is accumulated and deployed productively rather than lying
    idle. It's central to Smith's analysis of how societies increase their productive
    capacity.
- name: vsm_relevance
  value: 4.0
  max_value: 5.0
  rationale: This entity maps well to S1 (primary operations) as it describes the
    actual productive resources engaged in creating economic output. It also has relevance
    to S3 (internal regulation) in terms of monitoring and optimizing capital utilization
    across the economic system.
- name: explanatory_value
  value: 5.0
  max_value: 5.0
  rationale: "This entity illuminates a crucial mechanism in Smith's economic theory\u2014\
    how banking and financial institutions can transform idle resources into productive\
    \ ones, thereby increasing overall economic output. It explains a fundamental\
    \ structural relationship between finance and real economic activity."
---

# Evaluation: Active And Productive Stock

## definition_precision — 4.0 / 5.0

The definition clearly distinguishes active/productive stock from dead stock and specifies what constitutes each category (materials, tools, provisions, labour in production vs. idle capital). The contrast is precise and captures a distinct economic concept about capital utilization.

## source_grounding — 5.0 / 5.0

This entity is directly grounded in Smith's text from Book II, Chapter 2, where he explicitly discusses the distinction between active/productive stock and dead stock in the context of banking's role in capital mobilization. The terminology and concept are authentically Smithian.

## domain_placement — 5.0 / 5.0

The "Accumulation" domain is perfectly appropriate since this concept deals with how capital is accumulated and deployed productively rather than lying idle. It's central to Smith's analysis of how societies increase their productive capacity.

## vsm_relevance — 4.0 / 5.0

This entity maps well to S1 (primary operations) as it describes the actual productive resources engaged in creating economic output. It also has relevance to S3 (internal regulation) in terms of monitoring and optimizing capital utilization across the economic system.

## explanatory_value — 5.0 / 5.0

This entity illuminates a crucial mechanism in Smith's economic theory—how banking and financial institutions can transform idle resources into productive ones, thereby increasing overall economic output. It explains a fundamental structural relationship between finance and real economic activity.
