Synth

Third factor of production

• Collectively known as wealth (non-land) and often described as "property".

• Often referred to as "capital" (again, non-land) when employed in production.

• Wealth may instead be used/consumed for personal use (as opposed to business purposes) and would then not be considered capital.

• Excludes intangibles and services in the sense that synth must have a material/physical manifestation