Financial Capital refers to funds available for investment in financial assets such as stocks, bonds, or bank accounts. It represents money that can be used to generate income or wealth through various investment opportunities.
Physical Capital: Tangible assets such as machinery, buildings, or equipment used in production.
Human Capital: The skills, knowledge, and experience possessed by individuals that contribute to their productivity and earning potential.
Capital Markets: Financial markets where long-term debt or equity securities are bought and sold.
AP Macroeconomics - Unit 6 Overview: Open Economy-International Trade and Finance
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