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Syllabus

State two characteristics of capital as a factor of production. - Economic Applications

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Question

State two characteristics of capital as a factor of production.

Short Note

Solution

  1. Capital is a produced means of production.
  2. Capital is a passive factor of production.
  3. Capital is a mobile factor
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Characteristics of Capital
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Q 17.
Chapter 4: Factors of Production - QUESTIONS [Page 114]

APPEARS IN

Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 4 Factors of Production
QUESTIONS | Q 17. | Page 114
Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 4 Factors of Production
QUESTIONS | Q 32. | Page 115
Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 4 Factors of Production
QUESTION BANK | Q 17. | Page 119

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Which of these features of capital as a factor of production makes it different from other factors of production?


Capital is the result of past labour. Briefly explain.


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