The Wealth of Nations: An Analysis with Special Reference to Under-developed CounriesWorld Press, 1967 - 165 páginas |
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Página 48
... regards rent as a surplus due to the bounty of nature . Thus , " land , in almost any situation , pro- duces a greater quantity of food than what is sufficient to main- tain all the labour necessary for bringing it to market , in the ...
... regards rent as a surplus due to the bounty of nature . Thus , " land , in almost any situation , pro- duces a greater quantity of food than what is sufficient to main- tain all the labour necessary for bringing it to market , in the ...
Página 49
... regards high rent as an index of increasing social prosperity . His position here is different from that of the physio- crats . According to the latter , high rent is itself a factor which paves the path for economic progress . Smith ...
... regards high rent as an index of increasing social prosperity . His position here is different from that of the physio- crats . According to the latter , high rent is itself a factor which paves the path for economic progress . Smith ...
Página 50
... regards landlord's income as a residual element and not as a cost . Here , rent simply represents the surplus of produce which is over and above the cost of producing it . In this context , Smith seems to have in mind the concept of ...
... regards landlord's income as a residual element and not as a cost . Here , rent simply represents the surplus of produce which is over and above the cost of producing it . In this context , Smith seems to have in mind the concept of ...
Contenido
The Growth Model of Adam Smith | 1 |
Division of Labour and Economic | 10 |
Concepts of Productive and Unpro | 19 |
Derechos de autor | |
Otras 5 secciones no mostradas
Términos y frases comunes
according to Smith Adam Smith agriculture annual produce augment basic Bhilai capacity capital accumulation capitalists chapter commodity consumers consumption context cost crores currency developed countries developing economy division of labour domestic Durgapur economic development Edwin Cannan effect employed employment expansion expenditure export extent flat products foreign trade Fund Government greater growth Ibid IISCO important improvement income increase India industry interest international trade laissez-faire land and labour landlords loans manufacture market price ment natural price physiocrats problem productive labour productive workers profit projects public sector steel quantity of labour Quesney quota regards rent retention prices revenue Rourkela saving Second Plan Secondly sector steel plants Smith argues Smith asserts Smith's analysis Smith's scheme Smith's theory Smithian Smithian growth society supply tion TISCO under-developed countries under-developed economy unproductive V. K. R. V. Rao volume wages Wealth of Nations World Bank