0.33 Capital-What is the Source-Driver of Wealth 2019.pptx - What is the Prime Source(Driver of Value(Wealth Creation 1 Capital-1 • What creates

0.33 Capital-What is the Source-Driver of Wealth 2019.pptx...

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What is the Prime Source(Driver) of Value (Wealth) Creation? 11/15/2019 1
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Capital-1 What creates wealth? Is the human person? Is it financial capital? Is it capital (the equipment and machinery, buildings used to produce goods and services)? If indeed capital is defined to be the hard wares of equipment, buildings, machinery, what created capital itself? There are different perspectives , usually driven by ideological and political interests and differences in philosophical principles . The distribution of rate of return (wage income, profit, rent) to each factor of production (labor, capital, land) reflects interests and perspectives on which factor is important in creating wealth . 11/15/2019 2
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Financial Capital Financial capital is the driver of wealth creation . The importance of saving and investment in growth theories and macro policies emanates from the underlying interest and belief that it is financial capital which is the source and driver of growth, development, human performance, global
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