Define the Following Terms

question 10

Short Answer

Define the following terms
-specifying questions

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Definitions:

Capital

Capital typically refers to financial assets or the financial value of assets, such as funds held in deposit accounts and/or the physical factories and machinery.

Physical Capital

Assets used in the production process, including machinery, buildings, and equipment.

Nonresidential Structures

These refer to buildings and facilities not used for housing, such as offices, factories, and shopping centers.

Intangible Capital

Non-physical assets such as brand reputation, intellectual property, and human skills that contribute to a company's value.