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Capital

Published on Feb 04, 2016

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PRESENTATION OUTLINE

CAPITAL

By: Alex Shumway & Sydney Williams
Photo by 7D-Kenny

DEFINITION

Human made resources used to produce G&S
Photo by chiaralily

PERFECT CAPITAL:

THE MORE CAPITAL YOU HAVE THE BETTER OFF YOU ARE.

EXAMPLES

  • Cash
  • Interest
  • Factories
  • Roads
  • Technology
Photo by abbilder

PHYSICAL CAPITAL

INCLUDES TANGIBLE ITEMS LIKE BUILDINGS AND TOOLS
Photo by Werner Kunz

HUMAN CAPITAL

KNOWLEDGE AND SKILLS YOU GAIN THROUGH EDUCATION & EXPERIENCE
Photo by Caucas'

ECONOMIES NEED BOTH TO PRODUCE G&S

  • Doctors uses stethescopes and medical school
  • Assembly line workers use equipment and skills
Photo by c_ambler