Capital (economics): Difference between revisions

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In economic theory, '''capital''' is one of the three [[factors of production]]. The other factors are [[labour]] and [[land]].
In the categorisation used in classical  economic theory, '''capital''' is that  one of [factors of production]] that has been created for that  purpose, the other factors being [[labour]] and [[land]]. In that categorisation it included physical capital and financial capital.
 
We can distinguish at least three forms of capital:
* [[Financial capital]]
* [[Human capital]]
* [[Social capital]]

Revision as of 11:45, 4 June 2009

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In the categorisation used in classical economic theory, capital is that one of [factors of production]] that has been created for that purpose, the other factors being labour and land. In that categorisation it included physical capital and financial capital.

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