[Concept approaches to the essence of capital when forming the revenue]
2005
Gudkov, S. | Gudkova, E.(Belarus State Academy of Agriculture, Gorki (Belarus))
The diversity of the opinions regarding such economic category as capital has been studied. Now there are a lot of definitions what capital is. Classification and systematization has been suggested. With some assumptions the definitions were divided into two groups: subject-material and monetary. The research of the nature of the capital growth and formation of revenue has been provided. The modern economic theories explain the formation of the revenue on the capital pluralistically, by a number of reasons: a) productivity of the capital, b) bonus for refusing from non-productive consumption of means, c) compensation for the risk taken by the entrepreneur that had invested his capital into a business. Based on above, by means of critical survey and analysis of the opinions of the scientists-economists, the definition of the turnover capital, which plays very important role in the production process and reproduction of the added value was also specified
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