Difference between revisions of "Capital"
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| − | "Capital" consists of money or other assets that can be exchanged for goods or services. | + | "Capital" consists of money or other assets that can be exchanged for goods or services. It is the basis for [[capitalism]]. |
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| + | The term "capital" has a specialized meaning in accounting, and a broader meaning in economics. | ||
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| + | In accounting, "capital" the net worth or stockholders' equity in a company. | ||
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| + | In economics, "capital goods" includes anything used to produce googds, including machines, tools and factories. | ||
Revision as of 06:22, December 9, 2006
"Capital" consists of money or other assets that can be exchanged for goods or services. It is the basis for capitalism.
The term "capital" has a specialized meaning in accounting, and a broader meaning in economics.
In accounting, "capital" the net worth or stockholders' equity in a company.
In economics, "capital goods" includes anything used to produce googds, including machines, tools and factories.