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State any two factors which determine capital formation in a country. - Economic Applications

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Question

State any two factors which determine capital formation in a country.

Short Note

Solution

The process of capital formation involves three stages

  1. Generation of savings
  2. Mobilisation of savings
  3. Investment
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Factors Influencing Or Affecting Capital Formation
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Chapter 4: Factors of Production - QUESTIONS [Page 116]

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Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 4 Factors of Production
QUESTIONS | Q 45. a | Page 116
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