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Ha Nam Travel on D.INSTITUT QUÉBÉCOIS DES HAUTES ÉTUDES INTERNATIONALES capital THE PLACE OF CAPITAL as an economic resource is of extreme importance. In economic theory, defining capital is not easy because of its nature. Capital GOODS are produced by humans, and therefore differ from the original factors of production, LABOR, and LAND.

Capital is used in the means of production and is distinguished from consumer goods in that it is an intermediate product.

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Capital may be financial, physical, or human. Financial capital has to do with the value of physical capital or capital goods.

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