In the context of AP World History, the term designates accumulated goods or resources used to increase production or wealth. It encompasses physical assets like machinery, tools, and infrastructure, as well as financial resources such as money invested in businesses. An example includes the development of irrigation systems in early civilizations, which represented an investment of labor and resources that led to increased agricultural yields.
Understanding the role of this concept is crucial for analyzing economic developments throughout history. Its accumulation, distribution, and application are key factors in shaping societal structures, trade networks, and technological advancements. Examining who controls these resources and how they are employed provides valuable insights into power dynamics and patterns of global exchange. Moreover, it allows for comparative analysis of differing economic systems and their impact on human societies.