"Capital is that part of wealth which is devoted to obtaining further wealth"
- Alfred Marshall
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Alfred Marshall's quote is describing capital as a form of wealth that is utilized to create more wealth. Capital is a form of financial resources that can be utilized to acquire properties, such as land, buildings, devices, and other financial investments. Capital can also be used to finance company operations, such as research and development, marketing, and other activities that can lead to increased profits. Capital is an important part of the economy, as it allows services to expand and develop tasks. By investing capital, companies can increase their production and create more wealth. For that reason, capital is a fundamental part of the economy, as it is utilized to generate more wealth and create economic development.
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