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प्रश्न
Answer the following question.
What are the features of capital?
उत्तर
Capital includes all the capital goods or assets used in production. These assets are used by the labour to produce goods.
The following are some of the features of capital:
i. Artificial factor - Capital cannot produce goods on its own and therefore, is regarded as an artificial factor of production.
ii. Derived demand - Capital is used in the production of goods meant for final consumption. It cannot be consumed directly. Therefore, it is said to have a derived demand.
iii. Highly mobile - Capital includes machinery, raw materials etc. which can be easily transferred from one place to the other and from one occupation to the other.
iv. Elastic supply - The amount of capital can be increased at any time as per the requirement and availability of funds.
v. Durable- Capital is durable in nature in the sense that it can be used again and again in the production process.
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संबंधित प्रश्न
Write short notes Types of capital.
Explain any two characteristics of capital.
Distinguish between fixed capital and floating capital.
What is meant by capital formation
Differentiate the following with examples:
Real capital and debt capital
Differentiate the following with examples:
Money capital and sunk capital
Explain three important stages of capital formation.
Fill in the blank with proper alternatives given in the bracket:
Produced means of production is known as ______________ .
Distinguish between Any FOUR of the following :
Fixed capital and Fluctuating capital.
What is the significance of Capital in promoting economic growth?
(i) Define capital formation.
(ii) Briefly discuss the process of capital formation.
Distinguish between Fixed capital and Circulating capital quoting suitable examples.
Write the forms of capital.
What is the meaning of capital formation?
Identify the produced means of production factor from the picture.
State whether the following statement is true or false. Give reason for your answer.
The capital like printing machines, tools when used in process of production are subject to depreciation.
If you make investments in insurances or mutual funds, then it will be called as ______ type of capital.
Justify the following in brief:
Capital is an immobile factor in the short run.
______ is a produced means of production.
______ are examples of physical capital.
______ is a durable producer's good.
Capital as a factor of production.
______ is one of the three stages of capital formation.
Capital earns ______ as a factor income.
Capital as a factor of production is ______ in nature.
______ is subject to depreciation.
Capital is a ______ means of production.
Capital formation cannot occur unless there is ______.
Creation of savings is the ______ stage of formation.
If ______ is used again and again, its value depreciates gradually.
Mention two functions of capital.
Using suitable examples, classify capital into fixed capital and circulating capital.
Is a motor car owned by a doctor circulating capital or fixed capital? Give two reasons to support your answer.
Identify the form of capital given below. Give a reason for your answer.
Government Bonds
All capital is wealth but all wealth is not capital. Explain why all wealth is not capital.
Distinguish between stocks of capital goods and capital formation using a suitable example.
Explain two ways in which labour is different from capital.
State one important function of capital.
Differentiate between:
Capital and wealth
Explain how capital is a produced means of production.
Differentiate between an entrepreneur and labourer on the basis of the nature of risk involved.
Classify the following capital goods:
Oil mill
Classify the following capital goods:
Bridge
What is considered as capital in economics?
