Capital accumulation refers to the process of increasing assets or wealth over time. This can occur through saving money, investing in businesses, or acquiring property. The goal is to build a larger base of resources that can generate more income or value in the future. As individuals or companies accumulate capital, they can reinvest it to create further growth. This cycle of saving and investing is essential for economic development, as it allows for the expansion of businesses and the creation of jobs. Ultimately, capital accumulation contributes to overall prosperity in a society.