define modern capital
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Modern types of capital
It is in the form of capital assets, traded in financial markets. ... It is used in technical economics to define “balanced growth”, which is the goal of improving human capital as much as economic capital.
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In economics, capital consists of an asset that can enhance one's power to perform economically useful work. For example, in a fundamental sense a stone or an arrow is capital for a caveman who can use it as a hunting instrument, while roads are capital for inhabitants of a city.
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