According to the 2005 Houston Area Survey, 68 percent of non-Hispanic whites in Harris County are declared or favor Republicans while 89 percent of non-Hispanic blacks in the area are declared or favor Democrats. About 62 percent Hispanics (of any race) in the area are declared or favor Democrats.
DEFINITION of 'Capital Formation '. A term used to describe net capital accumulation during an accounting period. Capital formation refers to net additions of capital stock such as equipment, buildings and other intermediate goods.
In a fundamental sense, capital consists of any produced thing that can enhance a person's power to perform economically useful workâa stone or an arrow is capital for a caveman who can use it as a hunting instrument, and roads are capital for inhabitants of a city. Capital is an input in the production function.apital can be defined as that amount of wealth which is used in making profits and which enters into the accounts.. Within classical economics, Adam Smith (Wealth of Nations, Book II, Chapter 1) distinguished fixed capital from circulating capital.