In the context of factors of production, the term capital means the money businesses use to finance their operations.

Name: In the context of factors of production, the term capital means the money businesses use to finance their operations.
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Quizplus · Accepted Answer

Capital does not refer to money but instead includes physical tools, equipment, and machinery, as well as human-made resources such as infrastructure and technology. Money used to finance business operations is usually considered a type of financial capital.

In the Context of Factors of Production, the Term Capital