Lost Cities of the Ancients: Vanished Capital of the Pharaoh

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LIFE AND DEATH IN ROME: Capital of the World

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Cities of the Underworld: Scotland's Sin City  >>>

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capital

In economics, the stock of goods used in the production of other goods. Classical economics regards capital as a factor of production, distinguishing between financial capital and physical capital. Financial capital is accumulated or inherited wealth held in the form of assets, such as stocks and shares, property, and bank deposits, while physical capital is wealth in the form of physical assets such as machinery and plant. The term is also used to describe investment in a company as either share capital or debt (called loan capital).

Fixed capital is durable, examples being factories, offices, plant, and machinery. Circulating capital is capital that is used up quickly, such as raw materials, components, and stocks of finished goods waiting for sale. Private capital is usually owned by individuals and private business organizations. Social capital is usually owned by the state and is the infrastructure of the economy, such as roads, bridges, schools, and hospitals. Investment is the process of adding to the capital stock of a nation or business.


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1776: United States declares independence
After a decade of economic conflict with Great Britain, the 13 colonies answer King George III's... More >
 
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Ancient Chinese Sports

Ancient Chinese Sports

Catapulting viewers into a sporting world that few knew existed, a world that thrived centuries... More >

Sat 4 Jul 9.00pm

The Plague (Part 2 of 2)

The Plague (Part 2 of 2)

In 1437, the worst biological disaster in history swept... More >

Sat 4 Jul 10.00pm