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The means of production (or capital goods) and the means of consumption (or consumer goods) are mainly produced for market sale; output is produced with the intention of sale in an open market; and only through sale of output can the owner of capital claim part of the surplus-product of human labour and realize profits.
High Tobin's q values encourage companies to invest more in capital because they are "worth" more than the price they paid for them. If a company's stock price (which is a measure of the company's capital market value) is $2 and the price of the capital in the current market is $1, so that q > 1, the company can issue shares and with the ...
In economics, capital goods or capital are "those durable produced goods that are in turn used as productive inputs for further production" of goods and services. [1] A typical example is the machinery used in a factory. At the macroeconomic level, "the nation's capital stock includes buildings, equipment, software, and inventories during a ...
In political philosophy, the means of production refers to the generally necessary assets and resources that enable a society to engage in production. [1] While the exact resources encompassed in the term may vary, it is widely agreed to include the classical factors of production (land, labour, and capital) as well as the general infrastructure and capital goods necessary to reproduce stable ...
In macroeconomics, investment "consists of the additions to the nation's capital stock of buildings, equipment, software, and inventories during a year" [1] or, alternatively, investment spending — "spending on productive physical capital such as machinery and construction of buildings, and on changes to inventories — as part of total spending" on goods and services per year.
The Acceptable Identification of Goods and Services Manual is a directory maintained by the United States Patent and Trademark Office (USPTO) outlining the different categories of goods and services recognized by that office with respect to trademark registrations, and setting forth the forty-two international classes into which those goods and services are divided.
Non-defense capital goods orders excluding aircraft, a closely watched proxy for business spending plans, rose 0.2% last month, the Commerce Department's Census Bureau said.
Capital services differ from capital stocks because short-lived assets such as equipment and software provide more services per unit of stock than long-lived assets such as land. [1] Unlike capital goods, capital services are owned by the person or group of people providing them. [2]