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  2. Capital (economics) - Wikipedia

    en.wikipedia.org/wiki/Capital_(economics)

    In economics, capital goods or capital are "those durable produced goods that are in turn used as productive inputs for further production" of goods and services. [1] A typical example is the machinery used in a factory. At the macroeconomic level, "the nation's capital stock includes buildings, equipment, software, and inventories during a ...

  3. Physical capital - Wikipedia

    en.wikipedia.org/wiki/Physical_capital

    N.G. Mankiw definition from the book Economics: Capital is the equipment and structures used to produce goods and services. Physical capital consists of man-made goods (or input into the process of production) that assist in the production process. Cash, real estate, equipment, and inventory are examples of physical capital. [1]

  4. Glossary of economics - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_economics

    Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...

  5. Factors of production - Wikipedia

    en.wikipedia.org/wiki/Factors_of_production

    In economics, factors of production, resources, or inputs are what is used in the production process to produce output—that is, goods and services. The utilized amounts of the various inputs determine the quantity of output according to the relationship called the production function .

  6. Capitalist mode of production (Marxist theory) - Wikipedia

    en.wikipedia.org/wiki/Capitalist_mode_of...

    The means of production (or capital goods) and the means of consumption (or consumer goods) are mainly produced for market sale; output is produced with the intention of sale in an open market; and only through sale of output can the owner of capital claim part of the surplus-product of human labour and realize profits.

  7. US core capital goods orders rise slightly in March - AOL

    www.aol.com/news/us-core-capital-goods-orders...

    Non-defense capital goods shipments, which go into the calculation of the business spending on equipment component in the gross domestic product report, were previously reported to have risen 2.6% ...

  8. US core capital goods orders rise, inflation ... - AOL

    www.aol.com/news/us-core-capital-goods-orders...

    New orders for key U.S.-manufactured capital goods rebounded more than expected in April and shipments of those goods also increased, suggesting a moderate improvement in business spending on ...

  9. Means of production - Wikipedia

    en.wikipedia.org/wiki/Means_of_production

    In political philosophy, the means of production refers to the generally necessary assets and resources that enable a society to engage in production. [1] While the exact resources encompassed in the term may vary, it is widely agreed to include the classical factors of production (land, labour, and capital) as well as the general infrastructure and capital goods necessary to reproduce stable ...