Question

characteristics of capital in economics ​

Answer 1

Answer:

Important characteristics of 'Capital' are as follows:

Capital is a Passive Factor:

Capital is Man Made:

Capital is not an Indispensable Factor of Production:

Capital has High Mobility:

Capital is Elastic:

Capital Depreciates:

Capital is Productive:

Capital is Temporary in Nature:

Answer 2

Answer:

1 Capital is a Passive Factor:

2 Capital is Man Made:

3 Capital is not an Indispensable Factor of Production:

4 Capital has High Mobility:

5 Capital is Elastic:

6 Capital Depreciates:

7 Capital is Productive:

8 Capital is Temporary in Nature: