wealth other than land is known as
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Capital is that part of wealth which can be used for further production of wealth. According to Marshall, “Capital consists of all kinds of wealth, other than free gifts of nature, which yield income.” Therefore, every type of wealth other than land which helps in further production of income is called capital.
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Capital has been defined as that part of a person's wealth, other than land, which yields an income or which aids in the production of further wealth.
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