Concept information
Preferred term
neoclassical capital
Definition
- In the neoclassical tradition of economics, capital simply means any human-made means of production. Capital goods are products that are made to be used in the productive process. [Source: Encyclopedia of Power; Capital, Neoclassical]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/neoclassical_capital
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