Difference between capital and capital formation
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The common difference of “capital” and “capital formation” is as below,. Capital formation involves a sacrifice of immediate consumption for obtaining more consumables goods in future while capital is that part of the current product which is used for further production instead of being immediately consumed.
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Explanation:
The common difference of “capital” and “capital formation” is as below,. Capital formation involves a sacrifice of immediate consumption for obtaining more consumables goods in future while capital is that part of the current product which is used for further production instead of being immediately consumed.
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