Social Sciences, asked by suryassurya50222, 5 hours ago

Describe the characteristics of capital.​

Answers

Answered by bhavyasethi124
2

Answer:

Capital is defined as “All those man-made goods which are used in further production of wealth.” Thus, capital is a man-made resource of production. Machinery, tools and equipment of all kinds, buildings, railways and all means of transport and communication, raw materials, etc., are included in capital.

Answered by XxBadmashChoraxX
3

Answer:

Characteristics of Capital

  • Capital is a Passive Factor. Capital is a passive factor of production. ...
  • Capital is Man-Made. Capital is a man-made thing. ...
  • Capital is not Indispensable. ...
  • Capital has high mobility. ...
  • Capital is Elastic. ...
  • Capital Depreciates. ...
  • Capital is Productive. ...
  • Capital is Temporary in Nature.
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