Capital is _______________

A) the crucial element in every economic system.
B) the key to every society's standard of living.
C) the result from savings.
D) All of these statements describe capital.

All of the statements describe capital. Capital is an essential factor in an economic system as it is required for economic growth and development. It is the key to every society's standard of living as it helps in the production of goods and services, creation of jobs, and technological advancement. Capital is also the result of savings, as it is the amount of money or assets that are invested in a business or venture to generate profits.