Category | Explanation |
Capital | Abstract and potential ability of an object for doing work. Capital and labor are complementary categories. |
Labor | Transfer of capital from output localization to object of destiny. Labor is the category measurable in labor units. |
Labor unit | Unit of labor = unit of power × number of time units. |
Value | Value is determined by concentration of capital in an object. Measure of value is a real positive number that fulfils the measure postulates. Types of measures: exchange value, cost value, present value, and others. |
Money | Work receivables expressed in money units. Legal-economic category that determines unconditional law for receiving a value equivalent. |
Money unit | It is a fraction of labor unit applied in a given economy. |
Assets | Material and immaterial objects that contain a measurable deposit of capital expressed in money unit. |
Resources | Economic means with undetermined concentration of capital so immeasurable. Resources are merely countable in natural units. |