Question

How does capital differ as a factor of production ??

Answer 1

Answer:

Capital is not considered as original factor of production. In economics, the term capital is associated with capital goods, such as plant, raw materials, fuel, and machinery. ... An organization requires a number of capital goods, such as tools and machinery, to produce goods

Explanation:

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Answer 2

Answer:

Capital is a man-made means of production which is used in a further production of goods and services. ... Organization is also a factor of production like land, labour, and capital. The process of capital formation entirely depends on how to save more and how to utilize them in best ways.