In economics, the term "capital" refers to

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KillaZayy3108 KillaZayy3108

03-08-2017
Business

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In economics, the term "capital" refers to

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ahmedishaal ahmedishaal · Answer 1 · 2017-08-12T11:52:20+02:00

ahmedishaal ahmedishaal

12-08-2017

In economics the term ""capital" refers to buildings and equipments.
The term capital has many definition according to the subject, it is changed in every field. In economics production has three factors and the term capital is one of the factor of production. Other factors of production are land and labor, together all three factor makes the production.

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