22 lines
736 B
Markdown
22 lines
736 B
Markdown
|
<!-- generated: provider=openrouter model=arcee-ai/trinity-large-preview:free date=2026-02-19 source=book-1-chapter-06 -->
|
||
|
|
|
||
|
|
# Common Annual Profits of Manufacturing Stock
|
||
|
|
|
||
|
|
## Definition
|
||
|
|
|
||
|
|
The typical rate of return expected by those who invest capital in manufacturing enterprises, usually expressed as a percentage of the capital employed. This represents the standard profit margin in a given economic context.
|
||
|
|
|
||
|
|
## Source Chapter
|
||
|
|
|
||
|
|
Book I, Chapter 6
|
||
|
|
|
||
|
|
## Context
|
||
|
|
|
||
|
|
Used by Smith to illustrate how profits relate to the amount of capital employed rather than to the labour of supervision. He provides a detailed example comparing two different manufacturing operations to demonstrate this principle.
|
||
|
|
|
||
|
|
## Economic Domain
|
||
|
|
|
||
|
|
Distribution
|
||
|
|
|
||
|
|
---
|