After all the fertile land in the immediate neighbourhood of the first settlers were cultivated, if capital and population increased, more food would be required, and it could only be procured from land not so advantageously situated.
More Quotes from David Ricardo:
The proportions, too, in which the capital that is to support labour, and the capital that is invested in tools, machinery and buildings, may be variously combined.David Ricardo
The facility of obtaining food is beneficial in two ways to the owners of capital, it at the same time raises profits and increases the amount of consumable commodities.
David Ricardo
The exchangeable value of all commodities, rises as the difficulties of their production increase.
David Ricardo
In the same manner if any nation wasted part of its wealth, or lost part of its trade, it could not retain the same quantity of circulating medium which it before possessed.
David Ricardo
Rent is the portion of the earth, which is paid to the landlord for the user of the original and indestructible powers of the soil
David Ricardo
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Based on Topics: Food QuotesBased on Keywords: advantageously, fertile, neighbourhood, procured, settlers, situated
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