Question

Describe reasons responsible for low capital formation:



plz someone answer this question quicker​

Answer 1

Answer:

Friendship is a relationship of mutual affection between people. It is a stronger form of interpersonal bond than an association, and has been studied in academic fields such as communication, sociology, social psychology, anthropology, and philosophy

Answer 2

Lack in Supply of Capital:

Like demand of capital, lack of supply of capital is responsible for low capital formation. However, due to lack of necessary supply of capital in under-developed countries, the process of capital formation is not boosted up. As a result, capital formation remains at low level.