WebThe term "capitalist", meaning an owner of capital, appears earlier than the term "capitalism" and dates to the mid-17th century. "Capitalism" is derived from capital, which evolved from capitale, a late Latin word … WebOct 7, 2024 · In economics, capital refers to the assets—physical tools, plants, and equipment—that allow for increased work productivity. By increasing productivity through …
What Is Capitalism: Varieties, History, Pros & Cons, Socialism
WebQuestion 3 2 pts Capital, as economists use the term, refers to Final goods that are used to produce other goods and services, The costs of operating a business. The cash … WebQuestion: Question 50 Economists use what term to describe the want-satisfying power of a good or service? Not yet answered Marked out of 1.00 Select one: a. demand Flag question O b. utility c. marginal propensity to consume d. income elasticity Question 51 As an individual consumes more of a particular commodity, ceteris paribus, the total amount … pins shoto
Capital and interest economics Britannica
WebNov 17, 2012 · Economists use the term demand to refer to a schedule of various combinations of market prices and amounts demanded. What do economists use to … WebThe term market in economics refers to: (a) a place where money changes hands. (b) a legal institution where exchange can take place. (c) a group of buyers and sellers of a product and the arrangement by which they come together to trade. (d) an organizat ... Economists use the term "capital" to mean: A. money. B. plant and equipment. WebCapital, as economists use the term, A) is the money the firm spends to hire resources. B) is money the firm raises from selling stock. C) refers to the process by which resources are transformed into useful forms. D) refers to things that have already been produced that are in turn used to produce other goods and services. stellaris add unity with console