Discuss about the Kareem’s capital and labour need in his computer centre.
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Kareem's capital and labour is different from Mishrilal's because he has set up computers to teach students of his village and employed two teachers for them. Whereas, Mishrilal has set up an electronic machine to produce jaggery himself, from which he only makes a small profit.
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Kareem's capital is computer whereas Mishrilal's capital is mechanical sugarcane crushing machine. ... (i) Fixed Capital: Modern farming methods need more fixed capital such as tools, machines, tractors, combines, threshers, drilling machines, motors etc. All these factors are manufactured in Industry.
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