Which of the following will an economist classify as capital?

When economists refer to capital, they are referring to the assets—physical tools, plants, and equipment—that allow for increased work productivity. Capital comprises one of the four major factors of production, the others being land, labor, and entrepreneurship.

What is capital to an economist?

Capital. MONEY or assets put to economic use, the life-blood of CAPITALISM. Economists describe capital as one of the four essential ingredients of economic activity, the FACTORS OF PRODUCTION, along with LAND, LABOUR and ENTERPRISE.

Which of the following is an example of economic capital?

Economic capital may also take the form of cash or other assets like real estate, commodities, equipment, vehicles, and so forth which may be disposed of for cash in the market.

What is capital in economics quizlet?

Capital. The money and wealth needed in order to produce goods and services.

What are the types of capital assets?

What are Capital Assets?
  • House.
  • Land.
  • Security.
  • Machinery.
  • Vehicle.
  • Trademark and Patent.
  • Leasehold rights.

What are the two types of capital in economics?

In business and economics, the two most common types of capital are financial and human.

What is capital and what is an example of capital quizlet?

Definition: A human-made resource that is used to produce goods and services. There are two types of capital: physical and human capital. Example 1: Farm equipment is an example of capital because it is used to harvest food crops.

What do you know about physical capital?

Physical capital consists of tangible, human-made objects that a company buys or invests in and uses to produce goods. Physical capital items, such as manufacturing equipment, also fall into the category of fixed capital, meaning they are reusable, and not consumed during the production process.

Which of the following is closest to the definition of capital?

The correct answer is b) Factories and machinery.

What are the examples of capital?

Here are a few examples of capital:
  • Company cars.
  • Machinery.
  • Patents.
  • Software.
  • Brand names.
  • Bank accounts.
  • Stocks.
  • Bonds.

Which of the following is an example of capital in economics quizlet?

Capital includes semifinished goods, office buildings, and computers.

Which of the following is an example of capital as the term is used by economists to signify a resource?

Which of the following is an example of “capital” as the term is used by economists to signify a resource? the opportunity cost of 40 units of military goods is 100 units of civilian goods. … The opportunity cost of an action is the most valued or next best alternative you give up to take that action.

What are the 4 types of capital?

The four major types of capital include working capital, debt, equity, and trading capital. Trading capital is used by brokerages and other financial institutions. Any debt capital is offset by a debt liability on the balance sheet.

What are the 6 types of capital?

It defines the six capitals which are: financial capital; manufacturing capital; human capital; social and relationship capital; intellectual capital and, natural capital.

What are the 7 types of capital?

The seven community capitals are natural, cultural, human, social, political, financial, and built.

What are the five types of community capital?

The seven community capitals are natural, cultural, human, social, political, financial, and built.

What is capital in economics class 9?

Capital is the money or resources that are used to start a business with. Capital is the resource that can be money in the form of cash or kind which is used to further purchase raw materials and inputs.

What are the three forms of capital?

Based on this research, it appears that there are three types of capital in addition to financial capital that families want to keep in mind. They are: Human Capital, Cultural Capital, and Social Capital.