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प्रश्न
What do you understand by the term 'Capital formation'?
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उत्तर
- Capital formation is a crucial aspect of economic development, representing the creation of capital.
- In simple terms, it involves making and increasing capital goods like machines, tools, factories, and buildings, essential for producing more goods.
- Importantly, capital formation does not signify an increase in monetary capital; rather, it refers to the growth of physical capital, including machinery, factories, transport equipment, infrastructure like bridges, power projects, dams, and irrigation systems.
- In essence, capital formation implies the creation of tangible, real assets, playing a vital role in fostering economic development.
संबंधित प्रश्न
Primary factors are
Derived factors are ______ and ______.
What are the factors of production?
Entrepreneurship is otherwise called ______.
What are the primary factors of production?
The factors for production are ______, ______, ______.
Use of high yielding variety of seeds of related to productivity of ______.
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?
Mention two differences between an entrepreneur and other factors of production.
What do you mean by 'innovative ability' of an entrepreneur?
Explain complex division of labour with the help of an example.
Define capital.
Explain any three characteristics of capital.
Explain any three factors which affect capital formation.
Explain any three such changes causing destruction to the ecosystem.
Name the factors of production.
Match the following and select the correct option.
| 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.
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:
Why is capital called a 'produced means of Production?
Define production.
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?
