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प्रश्न
Differentiate between:
Capital and wealth
उत्तर
| Capital | Wealth |
| Capital refers to real capital, e.g., machines, factories, buildings, etc., which is further used in the production of other goods and services. | Wealth refers to all economic goods which are scarce and command some price. |
| Only that part of wealth (consisting of producer goods) is called capital. | Not all wealth can be considered capital. |
संबंधित प्रश्न
Differentiate the following with examples:
Money capital and sunk capital
Distinguish between sunk capital and floating capital
State whether the following statement is True or False :
Capital is a natural factor of production .
Distinguish between the following:
Fixed capital and variable capital
Fill in the blank with appropriate alternative given below
Capital is a __________ factor of production.
______ is the man made physical goods used to produce other goods and services.
What is capital?
What is the meaning of capital formation?
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.
Capital earns ______ as a factor income.
Mention two functions of capital.
Distinguish between sunk and floating capital. Give an example of each.
Distinguish between stocks of capital goods and capital formation using a suitable example.
State one important function of capital.
Differentiate between:
Capital and income
Define human capital.
Differentiate between an entrepreneur and labourer on the basis of the nature of risk involved.
Classify the following capital goods:
Machines
Classify the following capital goods:
Cotton yarn
Classify the following capital goods:
Bridge
Read the given statements carefully and select the correct option that follow:
- Land is an active factor of production
- Capital is produced means of production
Why is capital considered an important factor of production in the modern world? Give two reasons in support of your answer.
