In economics, capital goods, real capital, or capital assets are already-produced durable goods or any non-financial asset that is used in production of goods or services
Some accounting regimes such as the
Triple bottom line, include definitions of natural capital and social capital,
in which ecosystems and social relations are defined as capital assets. See
that article for more detail.
Control of capital is the primary means of creating
wealth. If a broader definition of wealth is used (say including health or
well-being) then a broader definition of capital is appropriate.
Tags: capital, free, market, asset, economyBe the first to comment!