<P> The classical economists also employed the word `` capital '' in reference to money . Money , however , was not considered to be a factor of production in the sense of capital stock since it is not used to directly produce any good . The return to loaned money or to loaned stock was styled as interest while the return to the actual proprietor of capital stock ( tools , etc . ) was styled as profit . See also returns . </P>
<P> The classical economists also employed the word `` capital '' in reference to money . Money , however , was not considered to be a factor of production in the sense of capital stock since it is not used to directly produce any good . The return to loaned money or to loaned stock was styled as interest while the return to the actual proprietor of capital stock ( tools , etc . ) was styled as profit . See also returns . </P>
as a factor of production what is capital
as a factor of production what is capital
money
money