3. Write any four characteristics of capital as a factor of production
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17
Answer:
❀ Capital possesses the following main characteristics:
- Man Produces Capital
- Capital is a Passive Factor of Production
- Capital is a Produced Means of Production
- Capital is Variable
- Capital is more Mobile than other Factors of Production
- Capital Depreciates
- Capital is Stored-up Labour
- Capital is Destructible
Answered by
5
Answer:
- Capital possesses the following main characteristics:
- Man Produces Capital: ...
- Capital is a Passive Factor of Production: ...
- Capital is a Produced Means of Production: ...
- Capital is Variable: ...
- Capital is more Mobile than other Factors of Production: ...
- Capital Depreciates: ...
- Capital is Stored-up Labour: ...
- Capital is Destructible:
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