Capital
What Capital means in Economics B A-Level, as defined for Pearson Edexcel.
Definitions of Capital
Exam boards and our study guides word this term in slightly different ways. Learn the version your board uses.
Check what you remember
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Reference: Pearson Edexcel
Man-made aids to production, such as equipment, machinery, and the premises where operations occur.
Physical machinery, equipment and technology used in the production process, not money.
Topics that use Capital
- Factors of production (Pearson Edexcel A-Level)
- Productivity (Pearson Edexcel A-Level)
Related terms
- Capital-intensive production
- Competitiveness
- Economies of scale
- Entrepreneurship
- Factors of production
- Human capital
- Productivity
- Profit
Using Capital in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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