scyarin scyarin
  • 29-10-2021
  • Business
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Define capital. Explain briefly the importance of capital.

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Respuesta :

kimnamjoon01
kimnamjoon01 kimnamjoon01
  • 29-10-2021

Answer:

In economics, capital refers to the assets—physical tools, plants, and equipment—that allow for increased work productivity. By increasing productivity through improved capital equipment, more goods can be produced and the standard of living can rise.

Explanation:

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