22 lines
849 B
Markdown
22 lines
849 B
Markdown
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<!-- generated: provider=openrouter model=arcee-ai/trinity-large-preview:free date=2026-02-19 source=book-3-chapter-02 -->
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# Agricultural Market Access Development Prerequisites
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## Definition
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The institutional, legal, and infrastructural conditions necessary for effective agricultural markets including secure property rights, free trade, reliable transportation, and accurate price information, which Smith argues were largely absent in medieval Europe.
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## Source Chapter
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Book III, Chapter 2
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## Context
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Smith identifies these prerequisites as essential for agricultural development, showing that without the institutional framework that protects property rights and enables free commerce, farmers cannot develop the specialization and market relationships necessary for efficient agricultural production.
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## Economic Domain
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Exchange
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---
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