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प्रश्न
State one important function of capital.
उत्तर
The importance of capital can be judged from the following:
- It increases the productivity of land and labour.
- Capital increases employment opportunities, particularly in those countries where labour is plentiful. To employ more and more workers, capital is necessary.
- Capital is used to provide the necessary tools and implements to the workers for productivity purposes. It is also used to extract goods from nature.
- Without capital, there can be no production. Capital makes possible the use of advanced modem machines in production. Moreover, no technological progress is possible without capital.
Notes
Students should refer to the answer according to their questions.
संबंधित प्रश्न
Explain any two characteristics of capital.
Define capital.
Differentiate the following with examples:
Real capital and debt capital
State whether the following statement is True or False :
Capital is a natural factor of production .
Distinguish between the following:
Fixed capital and variable capital
Fill in the blank with appropriate alternative given below
Capital is a __________ factor of production.
(i) Define capital formation.
(ii) Briefly discuss the process of capital formation.
Distinguish between Fixed capital and Circulating capital quoting suitable examples.
______ is the man made physical goods used to produce other goods and services.
Explain any three significances of capital formation in an economy.
Identify the produced means of production factor from the picture.
Justify the following in brief:
Capital is an immobile factor in the short run.
______ is a process of adding to the stock of human capital.
Capital as a factor of production.
Capital formation cannot occur unless there is ______.
Creation of savings is the ______ stage of formation.
Mention two functions of capital.
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
Distinguish between stocks of capital goods and capital formation using a suitable example.
Differentiate between:
Capital and wealth
Give an example of floating capital.
Which of the two is more important in economic growth (higher impact on national income) real capital and money capital?
Explain how capital is a produced means of production.
Discuss any two suggested remedies for low capital formation in India.
Classify the following capital goods:
Bridge
Which of these will NOT be considered as capital?
