Geography, asked by ayadavvns14, 11 months ago

1. What is the role of capital in the development of an industry?​

Answers

Answered by jhambleena
1

Answer:

According to Bohm Bawerk, capital makes possible the round about methods of production as there is a net gain in productivity as a result of using such methods. Rapid capital accumulation may further lead to an increased supply of tools and machinery per worker.

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