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In economics, capital goods or capital are "those durable produced goods that are in turn used as productive inputs for further production" of goods and services. At the macroeconomic level, "the nation's capital stock includes buildings, equipment, software, and inventories during a given year." A typical example is the machinery used in factories. Capital can be increased by the use of the factors of production, which however excludes certain durable goods like homes and personal automobiles that are not used in the production of saleable goods and services.
Human capital is a concept used by economists to designate personal attributes considered useful in the production process. It encompasses employee knowledge, skills, know-how, good health, and education. Human capital has a substantial impact on individual earnings. Research indicates that human capital investments have high economic returns throughout childhood and young adulthood. Companies can invest in human capital, for example, through education and training, enabling improved levels of quality and production.
Social capital is "the networks of relationships among people who live and work in a particular society, enabling that society to function effectively". It involves the effective functioning of social groups through interpersonal relationships, a shared sense of identity, a shared understanding, shared norms, shared values, trust, cooperation, and reciprocity. Social capital is a measure of the value of resources, both tangible (e.g., public spaces, private property) and intangible (e.g.
In integrated ecosystem assessment projects, scenarios provide alternative images of environmental futures as orientation knowledge for opinion-forming and decision-making. Participatory scenario frameworks provide the methodological basis for ecosystem sc ...
Something that is not much discussed when talking about Dalmine is the impact of its production as a supply chain sustaining extractive operations that also serve as a dominance and land exploitation mechanism. For instance, Dalmine supplied various oil an ...
2023
Pipelines for extracting oil, gas, water, and supporting energy systems are part of the infrastructure of extractive sites, especially marked in countries with less urbanized areas. Throughout the twentieth century, such regions were influenced by economic ...