Capital Accumulation
The accumulation of capital is the gathering or amassing of objects of value; the increase in wealth through concentration; or the creation of wealth. Capital is money or a financial asset invested for the purpose of making more money (whether in the form of profit, rent, interest, royalties, capital gain or some other kind of return). This activity forms the basis of the economic system of capitalism, where economic activity is structured around the accumulation of capital (investment in order to realize a financial profit).
Human capital may also be seen as a form of capital: investment in one's personal abilities, such as through education, to improve their function and therefore capital accumulation (wealth) in a market economy.
Read more about Capital Accumulation: Definition, Harrod–Domar Model, Marxian Concept of Capital Accumulation, Psychology, Sociology and Ethics of Capital Accumulation, Different Forms of Capital Accumulation, Regime of Accumulation, Environmental Criticisms, Capital Accumulation and Risk, Capital Accumulation and Military Wars, New Developments in Capital Accumulation
Famous quotes containing the words capital and/or accumulation:
“There was a sound of revelry by night,
And Belgium’s capital had gathered then
Her beauty and her chivalry, and bright
The lamps shone o’er fair women and brave men;
A thousand hearts beat happily; and when
Music arose with its voluptuous swell,
Soft eyes looked love to eyes which spake again,
And all went merry as a marriage-bell;
But hush! hark! a deep sound strikes like a rising knell!”
—George Gordon Noel Byron (1788–1824)
“Biologically the species is the accumulation of the experiments of all its successful individuals since the beginning.”
—H.G. (Herbert George)