Grade Booster student workshops are back in cinemas for 2022. Learn more


Student Videos

Different Types of Capital

AS, A Level, IB
AQA, Edexcel, OCR, IB, Eduqas, WJEC

In this short introductory video , we will look at two important types of capital as an economic resource.

Different Types of Capital

The economic problem involves decisions about how to make the best use of limited (scarce) resources when not all wants/needs can be fully satisfied.

These resources include land, labour, enterprise (or entrepreneurship) and capital.

Capital investment to an economist is not about saving money in a bank or purchasing shares/stocks - which the media likes to refer to as investment!

Investment is spending on new capital goods

Capital goods are man-made goods used to supply other products e.g. drones, new vehicles, bigger factories, hardware & the software to run it.

Boston House,
214 High Street,
Boston Spa,
West Yorkshire,
LS23 6AD

Tel: +44 0844 800 0085

© 2022 Tutor2u Limited. Company Reg no: 04489574. VAT reg no 816865400.