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Differentiate between: Capital and wealth - Economic Applications

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प्रश्न

Differentiate between:

Capital and wealth

फरक स्पष्ट करा

उत्तर

Capital Wealth
Capital refers to real capital, e.g., machines, factories, buildings, etc., which is further used in the production of other goods and services. Wealth refers to all economic goods which are scarce and command some price.
Only that part of wealth (consisting of producer goods) is called capital. Not all wealth can be considered capital.
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पाठ 1: Factors of Production - Exercise [पृष्ठ ३२]

APPEARS IN

गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
पाठ 1 Factors of Production
Exercise | Q 16. (b) (i) | पृष्ठ ३२
गोयल ब्रदर्स प्रकाशन Economic Application [English] Class 10 ICSE
पाठ 4 Factors of Production
QUESTIONS | Q 21. (b) (i) | पृष्ठ ११८

संबंधित प्रश्‍न

Write short notes Types of capital.


Explain three causes of low capital formation in India.


Define capital.


Answer in brief.

State the features of Capital. 

 


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


Write short note on the following:

Types of capital


What is the significance of Capital in promoting economic growth?


(i) Define capital formation. 
(ii) Briefly discuss the process of capital formation.


Write the forms of capital.


______ is a passive factor of production.


Identify the produced means of production factor from the picture.


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.


If you make investments in insurances or mutual funds, then it will be called as ______ type of capital.


Justify the following in brief:

Capital is an immobile factor in the short run.


______ is a produced means of production.


______ is a cause behind low rate of capital formation in India.


Creation of savings is the ______ stage of formation.


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.


Define capital formation.


State one important function of capital.


Explain how capital is a produced means of production.


Differentiate between an entrepreneur and labourer on the basis of the nature of risk involved.


Classify the following capital goods:

Machines


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


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