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Distinguish between fixed capital and working capital. - Economic Applications

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प्रश्न

Distinguish between fixed capital and working capital.

अंतर स्पष्ट करें

उत्तर

Fixed capital Working capital
Fixed capital refers to capital goods such as machinery, equipments, factory buildings, etc. Working capital refers to the stock of finished, semi-finished goods, raw materials, etc. that will be converted to final goods (finished consumer goods) in the near future.
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अध्याय 1: Factors of Production - QUESTION BANK [पृष्ठ ३३]

APPEARS IN

गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
अध्याय 1 Factors of Production
QUESTION BANK | Q 18. | पृष्ठ ३३
गोयल ब्रदर्स प्रकाशन Economic Application [English] Class 10 ICSE
अध्याय 4 Factors of Production
QUESTION BANK | Q 19. | पृष्ठ ११९

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