Question

Describe the characteristics of capital.
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Answer 1

Answer:

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Explanation:

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Answer 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.

Explanation:

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