Is a characteristic of capital as factor of production?
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Capital has its own peculiarities which distinguish it from other factors of production. It possess following features. Man produces Capital – Capital is that wealth which is used in the manufacture of commodities. ... Thus every type of capital such as roads, machines buildings, factories etc, are produced by human
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Answer:
Capital has its own peculiarities which distinguish it from other factors of production. It possess followingfeatures. Man produces Capital –Capital is that wealth which is used in the manufacture of commodities. ... Thus every type of capital such as roads, machines buildings, factories etc, are produced by human.
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