Advertisements
Advertisements
प्रश्न
Capital as a factor of production.
पर्याय
Man-made
Active
Permanent
Inelastic
उत्तर
Man-made
Explanation:
- Capital, as a factor of production, refers to man-made resources such as machinery, buildings, and tools used to produce goods and services.
- Unlike natural resources, capital is created by human effort to facilitate production.
APPEARS IN
संबंधित प्रश्न
Answer the following question.
What are the features of 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.
Write the forms of capital.
Which form of capital, money capital or real capital, has a greater impact on national output?
Distinguish between real capital and money capital.
Differentiate between an entrepreneur and labourer on the basis of the nature of risk involved.
Classify the following capital goods:
Cotton yarn
Why is capital considered an important factor of production in the modern world? Give two reasons in support of your answer.
