The Wealth of Nations

The Wealth of Nations

by

Adam Smith

Unimproved Land Term Analysis

Unimproved land is land that humans have not modified to make suitable for agriculture.
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Unimproved Land Term Timeline in The Wealth of Nations

The timeline below shows where the term Unimproved Land appears in The Wealth of Nations. The colored dots and icons indicate which themes are associated with that appearance.
Book 1, Chapter 11
Labor, Markets, and Growth Theme Icon
...land produces, minus the tenant’s cost of subsistence. They charge rent even for infertile or unimproved land, and rent prices aren’t proportional to improvements they make to this land, so rent... (full context)
Labor, Markets, and Growth Theme Icon
...Rent.” Besides food, humans’ primary needs are clothing and lodging, which both also require land. Unimproved land can satisfy these needs better than food, but it’s the opposite for improved land. For... (full context)
Labor, Markets, and Growth Theme Icon
Capital Accumulation and Investment Theme Icon
Institutions and Good Governance Theme Icon
Mercantilism and Free Trade Theme Icon
...rent and profit for raising animals with the revenue from selling those products. But in unimproved countries, most empty land goes to raising animals anyway, and those animals’ wool and hide... (full context)
Labor, Markets, and Growth Theme Icon
Capital Accumulation and Investment Theme Icon
Institutions and Good Governance Theme Icon
Mercantilism and Free Trade Theme Icon
Money and Banking Theme Icon
...country’s land is dedicated to such livestock, which in turn means that this land is unimproved. (full context)