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Creation of savings is the ______ stage of formation. - Economics

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प्रश्न

Creation of savings is the ______ stage of formation.

पर्याय

  • First

  • Second

  • Third

  • Forth

MCQ
रिकाम्या जागा भरा

उत्तर

Creation of savings is the first stage of formation.

Explanation:

  • Creation of savings is the first stage of capital formation, as it involves setting aside a portion of income for future investment.
  • This initial step is crucial for accumulating the resources needed for subsequent investment in productive assets.
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पाठ 1: Factors of Production - Exercise [पृष्ठ २९]

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गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
पाठ 1 Factors of Production
Exercise | Q 51. | पृष्ठ २९
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