Search results
Results from the WOW.Com Content Network
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 ...
Economic geography is the subfield of human geography that studies economic activity and factors affecting it. It can also be considered a subfield or method in ...
Spatial inequality refers to the unequal distribution of income and resources across geographical regions. [1] Attributable to local differences in infrastructure, [2] geographical features (presence of mountains, coastlines, particular climates, etc.) and economies of agglomeration, [3] such inequality remains central to public policy discussions regarding economic inequality more broadly.
The theory of capital deficiency is among the most recognized explanations for minority underperformance academically—that for whatever reason they simply lack the resources to find academic success. [16] One of the largest factors for this, aside from the social, economic, and cultural capital mentioned earlier, is human capital. This form ...
He also offers what amounts to a unified field theory of inequality, one that integrates economic growth, the distribution of income between capital and labor, and the distribution of wealth and income among individuals into a single frame. ... Capital in the Twenty-First Century is an extremely important book on all fronts. Piketty has ...
Capital accumulation forms the basis of capitalism, where economic activity is structured around the accumulation of capital, defined as investment in order to realize a financial profit. [185] In this context, "capital" is defined as money or a financial asset invested for the purpose of making more money (whether in the form of profit, rent ...
Capital deepening is a situation where the capital per worker is increasing in the economy. [1] This is also referred to as increase in the capital intensity. Capital deepening is often measured by the rate of change in capital stock per labour hour. Overall, the economy will expand, and productivity per worker will increase.
The Human Capital Index (HCI) is an annual measurement prepared by the World Bank. [1] HCI measures which countries are best in mobilizing their human capital, the economic and professional potential of their citizens. The index measures how much capital each country loses through lack of education and health.