Give the main features of capital.
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Explanation:
Characteristics of Capital:
Capital is a Passive Factor: It is a passive factor of production. ...
Capital is Man Made: It is created by man. ...
Capital is not an Indispensable Factor of Production: ...
Capital has High Mobility: ...
Capital is Elastic: ...
Capital Depreciates: ...
Capital is Productive: ...
Capital is Temporary in Nature:
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Answer:
1.Capital is man-made.
2.A mobile factor.
3.capital is durable.
4.capital is a passive factor of production.
5.capital is the result of past savings.
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