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Why is capital called a 'produced means of Production? - Economic Applications

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Why is capital called a 'produced means of Production?

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Solution

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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Chapter 4: Factors of Production - QUESTIONS [Page 115]

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Goyal Brothers Prakashan Economic Applications [English] Class 10 ICSE
Chapter 4 Factors of Production
QUESTIONS | Q 33. | Page 115

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