Capital (economics)

High school (ages 12+)
Mathematics & Numbers

Name:

Date:

Step 1 · Read the article

Open the article and read it at the level above. Then answer the questions below in your own words.

https://smallwhale.org/articles/capital-economics

Write what each word means, using the article.

Do not copy the article. Write two things you learned, the way you would explain them to a friend.

Answers below are taken from the article’s stored facts, so they match what the student read.

1. What is the components of capital stock?Includes tangible assets (buildings, machinery, equipment) and intangible assets (software, intellectual property)
2. What is the marxian distinction?Differentiates between constant capital (physical goods) and variable capital (labor power)

Capital Goods: Produced assets like machinery and buildings that are used repeatedly in production.
Capital Stock: The aggregate collection of all capital assets held by an economic entity at a given time.
Factors of Production: The fundamental economic resources-land, labor, and capital-used to produce goods and services.
Intangible Capital: Non-physical assets such as software, patents, and brand reputation that contribute to production.