Capital accumulation is the process of increasing the total stock of capital assets in an economy, such as machinery, equipment, buildings, and infrastructure.
Posts tagged as “productive capacity”
An Inquiry into the Nature and Causes of the Wealth of Nations, universally known as The Wealth of Nations, is the foundational work of modern economics, written by Scottish economist and philosopher Adam Smith and published in 1776.
An economic miracle is an informal term for a period of rapid and unexpected economic growth, often occurring in countries recovering from war or economic depression.
Economic decline refers to a period of significant and sustained decrease in a country's economic activity. It is a complex phenomenon.
Efficiency means productivity. It is about the management of resources, using machinery, making people work harder, processes and people altogether.
Operations management includes a far wider range of activities and refers to the management of all production process.
Investment is needed to earn profit for the business! Business organizations, both in the private sector and the public sector, make investment decisions.
Let’s take a closer look how Cash Flow, investment and profit are interlinked with each other in a business organization.