Difference between revisions of "Capital"
Jump to navigation
Jump to search
Sillybear25 (talk | contribs) |
(capital consists not just of money) |
||
| Line 7: | Line 7: | ||
In economics, "capital goods" includes anything used to produce goods, including machines, tools and factories. | In economics, "capital goods" includes anything used to produce goods, including machines, tools and factories. | ||
| − | The word "Capital", meaning | + | The word "Capital", meaning resources, is frequently confused with the word "[[capitol]]," meaning either the main city or building of a government. |
[[Category:Economics]] | [[Category:Economics]] | ||
Revision as of 23:35, April 4, 2007
"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 specialised 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 goods, including machines, tools and factories.
The word "Capital", meaning resources, is frequently confused with the word "capitol," meaning either the main city or building of a government.