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Why is capital considered an important factor of production in the modern world? Give two reasons in support of your answer. - Economic Applications

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प्रश्न

Why is capital considered an important factor of production in the modern world? Give two reasons in support of your answer.

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उत्तर

  1. It increases the productivity of land and capital.
  2. It increases employment opportunities particularly in those countries where labour is in plenty.
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अध्याय 4: Factors of Production - QUESTIONS [पृष्ठ ११४]

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गोयल ब्रदर्स प्रकाशन Economic Application [English] Class 10 ICSE
अध्याय 4 Factors of Production
QUESTIONS | Q 18. | पृष्ठ ११४
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