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Broadly speaking, economics talks about three categories of things: Land (natural resources), Labor & Capital. Looking at things from this perspective, capital
by a_c_s 12y ago
Broadly speaking, economics talks about three categories of things: Land (natural resources), Labor & Capital.
Looking at things from this perspective, capital includes everything from carpet, books and desk chairs to massive heavy industry factory machinery.
A source: http://www.henrygeorge.org/def2.htm http://www.henrygeorge.org/def2.htm