26 lines
656 B
Markdown
26 lines
656 B
Markdown
|
|
<!-- generated: provider=openrouter model=arcee-ai/trinity-large-preview:free date=2026-02-19 source=book-5-chapter-03 -->
|
||
|
|
|
||
|
|
# Colony Economic System Balance
|
||
|
|
|
||
|
|
## Definition
|
||
|
|
|
||
|
|
The equilibrium between different sectors of the colonial economy, including
|
||
|
|
agriculture, manufacturing, and commerce, which Smith argues develops naturally
|
||
|
|
when colonies are allowed to pursue their comparative advantages.
|
||
|
|
|
||
|
|
## Source Chapter
|
||
|
|
|
||
|
|
Book V, Chapter 3
|
||
|
|
|
||
|
|
## Context
|
||
|
|
|
||
|
|
Smith discusses how colonial economies achieve balance through natural market
|
||
|
|
forces rather than through artificial restrictions imposed by metropolitan
|
||
|
|
economic policy.
|
||
|
|
|
||
|
|
## Economic Domain
|
||
|
|
|
||
|
|
Accumulation
|
||
|
|
|
||
|
|
---
|