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Write Short Note on the Following: Types of Capital - Economics

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प्रश्न

Write short note on the following:

Types of capital

टिप्पणी लिखिए

उत्तर

Capital can be classified into the following categories:

i. On the basis of ownership:

a. Private capital - It is owned by private individuals or institutes.
b. Public capital - It is owned by the government or a society.

ii. On the basis of mobility:

a. Sunk capital - It is the capital which is used only for a specific purpose. For instance, washing machines, which are used only for the specific purpose of washing clothes.
b. Floating capital - It is the capital which is used for a variety of purposes. For example - electricity.

iii. On the basis of nature:

a. Real capital - It is the capital which is used in the production of other goods. For example, capital assets like buildings, machinery, raw materials etc.
b. Money capital - It is the capital which is in the form of money. This capital is used to purchase real capital.

iv. On the basis of durability:

a. Fixed capital - It refers to the capital which is used in the process of production repeatedly.
b. Working capital - It refers to the capital which is used in the process of production only once.
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अध्याय 7: Factors of Production - Exercise 3 [पृष्ठ ६१]

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मायकल वाझ Economics [English] 12 Standard HSC
अध्याय 7 Factors of Production
Exercise 3 | Q 2.2 | पृष्ठ ६१

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संबंधित प्रश्न

Write short notes Types of capital.


Capital depreciates. Explain


Explain three causes of low capital formation in India.


Define capital.


State whether the following statement is True or False :

 Capital is a natural factor of production .


 Distinguish between Any FOUR of the following :   

 Fixed capital and Fluctuating capital.  


Answer in brief.

State the features of Capital. 

 


Answer the following question.
What are the features of capital?


Distinguish between the following:

Fixed capital and variable capital


Define or explain the following concept:

Capital


Fill in the blank with appropriate alternative given below

Capital is a __________ factor of production.


What is the significance of Capital in promoting economic growth?


What is capital?


Capital means ______.


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.


Justify the following in brief:

Capital is an immobile factor in the short run.


______ are examples of physical capital.


______ is a durable producer's good.


Capital as a factor of production.


______ is subject to depreciation.


Capital is a ______ means of production.


Capital formation cannot occur unless there is ______.


Mention two functions of capital.


Distinguish between sunk and floating capital. Give an example of each.


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.

Steel


Identify the form of capital given below. Give a reason for your answer.

Government Bonds


Which form of capital, money capital or real capital, has a greater impact on national output?


Explain two factors on which the capital formation of a country depends.


Distinguish between stocks of capital goods and capital formation using a suitable example.


State one important function of capital.


Distinguish between fixed capital and working capital.


Give an example of floating capital.


Explain how capital is a produced means of production.


Discuss any two suggested remedies for low capital formation in India.


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:

Oil mill


Classify the following capital goods:

Bridge


Read the given statements carefully and select the correct option that follow:

  1. Land is an active factor of production
  2. Capital is produced means of production

Which of these will NOT be considered as capital?


Which of these factors of production is called produced means of production?


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