Image
Fixed capital formation is spending on assets such as buildings, roads or machinery. Such spending can fluctuate markedly over time. During the Second World War, for example, construction slowed. After the war it surged, as deferred work was carried out, and a booming economy encouraged new spending.
Using this item
Private collection
by Carl Walrond
This item has been provided for private study purposes (such as school projects, family and local history research) and any published reproduction (print or electronic) may infringe copyright law. It is the responsibility of the user of any material to obtain clearance from the copyright holder.