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There are a couple definitions. The one I think your looking for is any asset that is used in the creation of other assets. A manufacturing company's factories would be considered capital because they are used in the production of things that the manufacture sells. For a bank, any office is considered capital. Even something as small as a van used by a small cleaning company is considered capital.
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Physical items like buildings and machinery are considered capital?
Tangible
When was Capital Economics created?
Capital Economics was created in 1999.
Is a computer a capital resorce?
YES. A computer or any other labor-saving device is considered capital under an economics definition.
Why is money considered a capital resource?
BY definition, capital resource means physical money.
What is the scope of economics in education?
economics of education helps in determining the relationship between educational expenditure and increase in the income or physical capital over a period of time in a country.
Is a grocery store laser considered capital replacement of human labor in economics?
Capital is a physical asset that can be used to produce goods or service. So a laser in a store is classed as capital.
Physical items like buildings and machinery are considered capital?
Tangible
What is the scopes of economics of education?
Economics of education helps in determining the relationship between educational expenditure and increase in the income or physical capital over a period of time in a country.
What is the population of Capital Economics?
Capital Economics's population is 50.
When was Capital Economics created?
Capital Economics was created in 1999.
Is a computer a capital resorce?
YES. A computer or any other labor-saving device is considered capital under an economics definition.
Why is money considered a capital resource?
BY definition, capital resource means physical money.
What is the scope of economics in education?
economics of education helps in determining the relationship between educational expenditure and increase in the income or physical capital over a period of time in a country.
Why is money not considered capital in economics?
Capital is a physical asset which can be used to produce goods and services. Money is related to capital, in that it can be used to purchase capital, but it is not itself capital. The distinction is important if you consider that money can be created or destroyed through the expansion or contraction of credit, but this does not create or destroy any real capital. Money is capital. Money is the most common form of capital. Raising capital i.e. money for investment is a common practice.
What Physical items like building and machinery are considered what kind of capital?
They are considered as fixed assets.
Why is money not considered to be a capital resource in economics?
Because money does not produce anything. Something is a capital resource because it produces ... it makes consumables or produces services.
What happens to the economy when the economy's capital stock increases?
Supposing that with capital you mean physical capital (all kind of physical investments like machines, and so on), it tends to increase the Gross Domestic Product (GDP), but increases in capital along time lead to lower increases in GDP.This is known in economics as the diminishing marginal returns.
