C) All capital is wealth but all wealth is not capital.

Explanation:

Capital and wealth are two related but distinct concepts in economics.

1. Capital:
Capital refers to the assets or resources that are used in the production of goods and services. It includes physical assets such as machinery, equipment, buildings, and infrastructure, as well as financial assets like cash, stocks, and bonds. Capital is employed to generate income or profit and is considered a factor of production. It is used to enhance productivity and facilitate economic growth.

2. Wealth:
Wealth, on the other hand, encompasses the total value of assets owned by an individual, household, or nation. It includes not only capital assets but also other forms of assets such as land, real estate, investments, savings, and valuable possessions. Wealth represents the accumulated value of assets over time and is an indicator of financial well-being or prosperity.

Now, let's analyze the given statement:

c) All capital is wealth but all wealth is not capital.

This statement is correct because it highlights the relationship between capital and wealth. It acknowledges that capital is a subset of wealth, meaning that all capital assets contribute to an individual's or nation's wealth. However, not all wealth can be considered as capital.

To further clarify:

All capital is wealth:
- Capital assets, such as machinery or stocks, have a monetary value and contribute to an individual's or nation's overall wealth. They can be used for production or investment purposes, generating income and increasing wealth.

All wealth is not capital:
- While wealth includes capital assets, it also encompasses other forms of assets that may not be directly used for production or investment. For example, land or personal possessions like jewelry or artwork can be considered part of one's wealth but may not be utilized in the production process or generate income.

In summary, the statement correctly recognizes that capital is a subset of wealth, but not all wealth can be classified as capital.

Option C