Showing topic: Obtaining sufficient capital (finance)
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Question
Correct this misconception: Students often think 'capital' only means money, but it also includes manufactured resources like machines and factories.
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Answer
In Business Studies, 'capital' as a factor of production refers primarily to physical assets (capital goods) such as machinery, buildings, and equipment used in the production process. Financial capital (money) is the means to acquire these physical assets, but not the factor of production itself.
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Obtaining sufficient capital (finance)
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