ECONOMICS
ECONOMIC SYSTEMS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Business=people, toolseconomic=money
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Business=moneyEconomic=people, tools
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They are the same
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None of the above
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Detailed explanation-1: -When budgeting, businesses of all kinds typically focus on three types of capital: working capital, equity capital, and debt capital.
Detailed explanation-2: -Financial capital most commonly refers to assets needed by a company to provide goods or services, as measured in terms of money value. Economic capital is the estimated amount of money needed to cover possible losses from unexpected risk. A firm’s economic capital number can also be seen as a measurement of solvency.
Detailed explanation-3: -It is useful to differentiate between five kinds of capital: financial, natural, produced, human, and social. All are stocks that have the capacity to produce flows of economically desirable outputs.
Detailed explanation-4: -Financial capital. Economic capital. Constructed or manufactured capital. Human capital. Social capital. Intellectual capital. Cultural capital. Experiential capital. More items •01-Mar-2021