1.1 Economic Endowments

Definition: Management and development of the resources, as in income, materials, and labor, of a country, community, or business. This covers all infrastructure related to the production, distribution, and sale of goods and services.

Definition Source: Webster's II New Riverside University Dictionary

Economic Endowments Categories:

1.1.1 Human Capital: The time, personal skills, capabilities, experiences, and knowledge of the individual. Human capital includes the entire life experience of the individual. Human capital does not include material or physical assets, which would fall under human-made capital or natural endowments.

------1.1.1.1 Capacity for Work

------1.1.1.2 Development Time

------1.1.1.3 Labor Time

------1.1.1.4 Leisure Time

------1.1.1.5 Population

------1.1.1.6 Sleep Time

------1.1.1.7 Unusable Time

1.1.2 Man Made Capital: Wealth, as in money or property, owned, or accumulated by an individual, partnership, or corporation used or available for use in the production of more wealth. This includes all physical infrastructure (buildings, roads, machinery, etc.) used to produce goods and services. This includes the physical manifestation of information, techniques, and knowledge required to produce goods and services.

------1.1.2.2 Recorded Knowledge

------1.1.2.3 Tangible Reproducible Capital

------1.1.2.4 Waste

------1.1.2.1 Wealth