ELI5: Explain Like I'm 5

Public capital

Public capital is like a big piggy bank that the government uses to pay for things that everyone in the country needs, like roads, schools, hospitals, and other infrastructure. Think of it like the toys and games that you and your friends all share when you play together.

The government collects taxes from people and businesses to fill up this piggy bank. Just like how you put your allowance into your own piggy bank. Then the government uses that money to build and maintain things that everyone in the country can use.

For example, the government might use the money from the piggy bank to build a new road that everyone can drive on, so they can get to school and work faster and safer. They might also use the piggy bank to build a new school or library where people can learn and read.

Public capital is important because it helps make sure that everyone in the country has access to important things they need to live and thrive, like good roads and schools. Just like how sharing your toys with your friends can make playtime more fun for everyone!