Advertisements
Advertisements
Question
What is considered as capital in economics?
Solution
In economics, capital is defined here in the sense of capital goods. These capital goods consist of tools and instruments, plants and equipment, machines and trucks, factories and buildings and stock of goods with the producers which are used in the production of goods and services.
APPEARS IN
RELATED QUESTIONS
Explain any two characteristics of capital.
Capital depreciates. Explain
Distinguish between fixed capital and floating capital.
Answer the following question.
What are the features of capital?
Fill in the blank with appropriate alternative given below
Capital is a __________ factor of production.
______ is the man made physical goods used to produce other goods and services.
Capital means ______.
Explain any three significances of capital formation in an economy.
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.
______ is a produced means of production.
______ are examples of physical capital.
______ is a cause behind low rate of capital formation in India.
Capital is a ______ means of production.
Distinguish between sunk and floating capital. Give an example of each.
Identify the form of capital given below. Give a reason for your answer.
Steel
Distinguish between fixed capital and working capital.
Explain how capital is a produced means of production.
Read the given statements carefully and select the correct option that follow:
- Land is an active factor of production
- Capital is produced means of production