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CAPITAL
An accumulation of goods or wealth used for the production of other goods and services rather than for immediate or personal use. If one just plays games on their computer, the computer can not be considered capital. However, if it is used to produce reports or graphs which are then sold, the computer can be considered capital. Capital is central to a capitalist economic system. See: CAPITALISM / .

Last updated 2002--0-9-


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Athabaca University ICAAP

© Robert Drislane, Ph.D. and Gary Parkinson, Ph.D.
The online version of this dictionary is a product of
Athabasca University and
ICAAP

*This social science dictionary has 1000
entries covering the disciplines of sociology, criminology, political
science and women's study with a commitment to Canadian examples and
events and names