English

Using suitable examples, classify capital into fixed capital and circulating capital. - Economic Applications

Advertisements
Advertisements

Question

Using suitable examples, classify capital into fixed capital and circulating capital.

Answer in Brief

Solution

  • Fixed Capital: Fixed capital refers to those capital goods which can be used again and again in production. Examples: machinery and factory buildings.
  • Circulating Capital: In it, all those things are included which are used in production only once. Cotton and fuel are examples of circulation capital.
shaalaa.com
  Is there an error in this question or solution?
Chapter 1: Factors of Production - QUESTION BANK [Page 35]

APPEARS IN

Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 1 Factors of Production
QUESTION BANK | Q 33. | Page 35
Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 4 Factors of Production
QUESTION BANK | Q 22. | Page 119
Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 1 Factors of Production
Exercise | Q 30. | Page 30

RELATED QUESTIONS

Capital depreciates. Explain


Answer in brief.

State the features of Capital. 

 


Distinguish between Fixed capital and Circulating capital quoting suitable examples. 


______ is the man made physical goods used to produce other goods and services.


What is capital?


Explain any three significances of capital formation in an economy.


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.


______ is a produced means of production.


______ is a durable producer's good.


______ is a process of adding to the stock of human capital.


Capital as a factor of production.


______ is one of the three stages of capital formation.


Capital as a factor of production is ______ in nature.


Capital is a ______ means of production.


Capital formation cannot occur unless there is ______.


If ______ is used again and again, its value depreciates gradually.


Is a motor car owned by a doctor circulating capital or fixed capital? Give two reasons to support your answer.


Identify the form of capital given below. Give a reason for your answer.

Government Bonds


Differentiate between:

Capital and income


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.


Classify the following capital goods:

Machines


Classify the following capital goods:

Oil mill


Classify the following capital goods:

Bridge


Read the given statements carefully and select the correct option that follow:

  1. Land is an active factor of production
  2. Capital is produced means of production

Why is capital considered an important factor of production in the modern world? Give two reasons in support of your answer.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×