Date of Award
Business, Accounting & Economics
American business is now faced with one of the most difficult periods in its history. There are problems of reconstruction, and of reconverting plants and equipment converted to war-time production back to peacetime production, and, of course, of rebuilding distribution organizations, along with the development of new products. To promote these facilities there is a need for new capital.
Capital is the backbone of our economic system; it is, along with human effort and skill the thing that makes all production possible. Whether a man be a farmer, a carpenter, a lathe operator, or an executive, it is capital which makes possible his job. The farmer needs equipment, seeds, and land; the carpenter needs tools, and a building to build; the lathe operator needs his lathe, a place to work, and material to produce; and the executive needs the workmen with the skills and equipment. Capital is required by all of these.
The purpose of this study is to determine from the point of view of the man In business the sources of capital, the types of capital, the uses of capital and how capital may be obtained.
Carlson, Oscar Jr., "The Effect of Taxation on Capital Formation According to American Industrial and Commercial Interests" (1950). Business, Accounting and Economics Undergraduate Theses. 52.