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Sec. 2] WEALTH 7.

except to give a bird's-eye view of economic science.
In fact, the classification of concrete things is seldgate of
paramount importance in scientific study. Not classhiga-*
tion, but analysis, solves scientific problems.

   

crop land
grazing land J
timber land |
mining land
hunting land

productive land

 

fisheries
land railways
3 ways of transit roadways
2 waterways ;
= ] parks
o ( building land
a x buildings overhead
{land improvements | improvements on | underground
highways surfacing
{ minor bridging
( mineral
( raw materials { agricultural
2 manufactured
S| 5 by being burned
3 g consumable { by being eaten or drunk
B = : { by being otherwise used
S finished mechanical devices
products animals
“hard money”
durable { clothing and jewelry
furniture and works of art
& reading matter
4g minor
A [slaves
2 free
g
~
=

! See the writer’s “What is Capital?” Economic Journal, December,
 1896, p. 516; and “Precedents for Defining Capital,” Quarterly
Journal of Economics, March, 1904.