26 lines
594 B
Markdown
26 lines
594 B
Markdown
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<!-- generated: provider=openrouter model=arcee-ai/trinity-large-preview:free date=2026-02-19 source=book-4-chapter-05 -->
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# Tonnage Bounty
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## Definition
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A subsidy paid to shipping operations based on the burden or carrying
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capacity of vessels, rather than on actual productivity or success in the
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fishing enterprise.
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## Source Chapter
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Book IV, Chapter 5
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## Context
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Smith criticizes tonnage bounties for encouraging inefficient use of capital,
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as ship owners may focus on qualifying for subsidies rather than on actual
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productive fishing activities.
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## Economic Domain
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Regulation
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---
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