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19-May-2020 01:53

In economics, physical capital or just capital is a factor of production (or input into the process of production), consisting of machinery, buildings, computers, and the like.

The production function takes the general form Y=f(K, L), where Y is the amount of output produced, K is the amount of capital stock used and L is the amount of labor used.

In 2008, Venezuelan President Hugo Chávez recognized the FARC–EP as a proper army.

President Chávez also asked the Colombian government and their allies to recognize the FARC as a belligerent force, arguing that such political recognition would oblige the FARC to forgo kidnapping and terrorism as methods of civil war and to abide by the Geneva Convention.

In economic theory, physical capital is one of the three primary factors of production, also known as inputs in the production function.

Meanwhile, from 2008 to 2017, the FARC opted to attack police patrols with home-made mortars, sniper rifles, and explosives, as they were not considered strong enough to engage police units directly.

On 27 June 2017, FARC ceased to be an armed group, disarming itself and handing over its weapons to the United Nations.

One month later, FARC announced its reformation as a legal political party, the Common Alternative Revolutionary Force, in accordance with the terms of the peace deal."There is more repression of individual freedom here, than in any country we've been to; the police patrol the streets, carrying rifles, and demand your papers every few minutes ...

the atmosphere, here, is tense, and it seems a revolution may be brewing.

The countryside is in open revolt, and the army is powerless to suppress it." In 1948, in the aftermath of the assassination of the populist politician Jorge Eliécer Gaitán, there occurred a decade of large-scale political violence throughout Colombia, which was a Conservative – Liberal civil war that killed more than 200,000 people.

Meanwhile, from 2008 to 2017, the FARC opted to attack police patrols with home-made mortars, sniper rifles, and explosives, as they were not considered strong enough to engage police units directly.

On 27 June 2017, FARC ceased to be an armed group, disarming itself and handing over its weapons to the United Nations.

One month later, FARC announced its reformation as a legal political party, the Common Alternative Revolutionary Force, in accordance with the terms of the peace deal."There is more repression of individual freedom here, than in any country we've been to; the police patrol the streets, carrying rifles, and demand your papers every few minutes ...

the atmosphere, here, is tense, and it seems a revolution may be brewing.

The countryside is in open revolt, and the army is powerless to suppress it." In 1948, in the aftermath of the assassination of the populist politician Jorge Eliécer Gaitán, there occurred a decade of large-scale political violence throughout Colombia, which was a Conservative – Liberal civil war that killed more than 200,000 people.

In Colombian history and culture, the killings are known as La Violencia (The Violence, 1948–58); most of the people killed were peasants and laborers in rural Colombia.