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Define capital. - Economic Applications

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प्रश्न

Define capital.

परिभाषा
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उत्तर

Capital consists of all those goods, existing at present time which can be used in anyway, so as to satisfy wants during the subsequent years.

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संबंधित प्रश्न

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An active and passive factor of production.


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  Factor of Production   Reward of factor of production
(i) Land (A) Wage
(ii) Labour (B) Profit
(iii) Capital (C) Rent
(iv) Entrepreneur (D) Interest

All factors of production are equally mobile.


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Column I Column II
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4. Entrepreneur S. Natural resources

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Factor of Production Characteristic
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Which of the following is an example of "Land" as a factor of production?


What does "Labour" refer to in the context of production?


Which statement best represents "Capital" in production?


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Why are all four factors (Land, Labour, Capital, Entrepreneurship) important?


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