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Why is capital called a 'produced means of Production?

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प्रश्न

Why is capital called a 'produced means of Production?

एक पंक्ति में उत्तर
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उत्तर

Capital is a produced means of Production. Capital is created by man. Its supply can be increased or decreased by the efforts of man.

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अध्याय 4: Factors of Production - QUESTIONS [पृष्ठ १२४]

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गोयल ब्रदर्स प्रकाशन Economic Applications [English] Class 10 ICSE
अध्याय 4 Factors of Production
QUESTIONS | Q 33. | पृष्ठ १२४

संबंधित प्रश्न

Primary factors are


Derived factors are ______ and ______.


What are the factors of production?


What are the primary factors of production?


What are the derived factors of production?


The factors for production are ______, ______, ______.


Which factor of production is not a hired factor?


The reward of an entrepreneur is in the nature of ______.


Which of the following types of capital gets exhausted after its use and gets embodied in the finished product?


What do you mean by 'innovative ability' of an entrepreneur?


Explain complex division of labour with the help of an example.


Define capital.


What do you understand by the term 'Capital formation'?


The Indian labour suffers from low efficiency. Explain your answer with three reasons for low efficiency of Indian labour.


What do you understand by ‘changing pattern of land use’? 


Name the factors of production.


Tick the one which does not belong to the following group.


Match the following:

Column I Column II
1. Factors of production P. Human resources
2. Land Q. Man-made resources
3. Capital R. Economic resources
4. Entrepreneur S. Natural resources

Choose the correct alternative:


Match the following:

Factor of Production Characteristic
A. Land (i) Subject to depreciation
B. Mannual labour (ii) Risk and Bearing
C. Capital (iii) Permanent
D. Entrepreneur (iv) Involves physical work

Choose the correct alternative:


Define production.


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


Which statement best represents "Capital" in production?


Who is called an "Entrepreneur" in the factors of production?


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


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