Capital

Capital refers to the financial resources or assets that individuals or businesses use to invest and generate wealth. It can take various forms, including money, equipment, property, or even intellectual resources. In a broader economic context, capital is essential for the production of goods and services, as it enables investments in tools, infrastructure, and technology. There are different types of capital, such as physical capital (like machinery), human capital (the skills and knowledge of workers), and social capital (relationships and networks). Understanding capital is key to comprehending how economies grow and how businesses operate.