distinguish between fixed capital and circulation capital
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Fixed capital is the money invested for longer than one production cycle (typically one year). Circulating capital typically includes current assets, while fixed capital can include fixed and long-term assets. Economist Karl Marx theorizes that fixed capital is also circulating, the circulation cycle is just longer.
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Fixed capital is the money invested for longer than one production cycle (typically one year). Circulating capital typically includes current assets, while fixed capital can include fixed and long-term assets. Economist Karl Marx theorizes that fixed capital is also circulating, the circulation cycle is just longer.
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