In economics, the term capital refers to

Question

Quizplus · Accepted Answer

Capital refers to the manufactured buildings and equipment used to produce other goods and services. It is considered one of the factors of production alongside labor and natural resources. Money available to firms (choice A) is considered a form of financial capital, which is distinct from physical capital. Markets where companies go to raise funds (choice B) are capital markets, which are related to but again distinct from the concept of physical capital. The idea of a primary city in each governmental jurisdiction where most economic activity occurs (choice C) may refer to a capital city, but this is not related to the economic concept of capital.

In Economics, the Term Capital Refers to