Which of the following is closest to the definition of capital?

Question

Quizplus · Accepted Answer

Capital is typically defined as the assets, such as factories and machinery, that are used in production processes to create goods and services. Money in a bank account (option A) is typically considered a form of financial capital, which can be used to invest in other forms of capital. Borrowed money (option C) is typically considered a liability, not capital. The ability of an individual to create financial capital (option D) is a more abstract concept and not directly related to the definition of capital. Lakes, animals, coal, and oil (option E) are typically classified as natural resources, not capital.

Which of the Following Is Closest to the Definition of Capital