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Explain capital as a factor of production.

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प्रश्न

Explain capital as a factor of production.

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उत्तर

Capital is one of the four major factors of production, along with land, labour, and entrepreneurship. It includes man-made resources used in the production of goods and services. Unlike land and labour, capital is not naturally available but is created through investment and productive activities.

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अध्याय 1: Factors of Production - Short Answer Type Questions [पृष्ठ ३५]

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गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
अध्याय 1 Factors of Production
Short Answer Type Questions | Q 52. | पृष्ठ ३५
गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
अध्याय 1 Factors of Production
QUESTION BANK | Q 15. | पृष्ठ ३८
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