n.
In economics, the stock of resources that are used to produce other goods now and in the future.
In classical economics the three factors of production are capital, labour , and land . Capital embodies the man-made resources, which include the buildings, plant, equipment, and inventories created by all three factors. In this sense, capital goods may be contrasted with consumer goods . The creation of capital goods means that consumption is forgone, resulting in saving . The flow of saving becomes a flow of investment . Expenditures on education and training are often referred to as investment in human capital (see Gary S. Becker ). Financial capital is the term given to the stock s and bond s issued in order to finance the acquisition of capital goods.