Economy, asked by suvajitsd, 4 months ago


Capital is the outcome of past Labour.” Justify this statement.

Answers

Answered by yogitabhamare7
0

Answer:

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Explanation:

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Answered by khushiagrawal2503201
0

Answer:

Answer. Explanation: According to John Stuart Mill, capital is the “accumulated product of past labour destined for the production of future wealth”, i.e., when human labour is applied to natural resources, then capital items are generated.

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