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प्रश्न
Answer in brief.
State 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.
APPEARS IN
संबंधित प्रश्न
Write short notes Types of capital.
Define capital.
Differentiate the following with examples:
Real capital and debt capital
Differentiate the following with examples:
Money capital and sunk capital
Distinguish between sunk capital and floating 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.
Answer the following question.
What are the features of capital?
Distinguish between the following:
Fixed capital and variable capital
Write short note on the following:
Types of 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?
Distinguish between Fixed capital and Circulating capital quoting suitable examples.
What is capital?
______ is a passive factor of production.
What is the meaning of capital formation?
Explain any three significances of capital formation in an economy.
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.
Analyse the images below and identify the factors of production and explain any one characteristic of the same.
______ is a produced means of production.
______ are examples of physical capital.
______ is a durable producer's good.
______ is a process of adding to the stock of human capital.
______ is a cause behind low rate of capital formation in India.
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.
Creation of savings is the ______ stage of formation.
If ______ is used again and again, its value depreciates gradually.
Mention two functions of capital.
Identify the form of capital given below. Give a reason for your answer.
Government Bonds
Explain two factors on which the capital formation of a country depends.
All capital is wealth but all wealth is not capital. Explain why all wealth is not capital.
Explain two ways in which labour is different from capital.
Define capital formation.
State one important function of capital.
Define the term 'floating 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:
Oil mill
Classify the following capital goods:
Bridge
Which of these will NOT be considered as capital?
Which of these factors of production is called 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.
