Question

state any four characteristics of capital as a factor of production​

Answer 1

Answer:

• Capital possesses the following main characteristics:
• Man Produces Capital: ...
• Capital is a Passive Factor of Production: ...
• Capital is a Produced Means of Production: ...
• Capital is Variable: ...
• Capital is more Mobile than other Factors of Production: ...
• Capital Depreciates: ...
• Capital is Stored-up Labour: ...
• Capital is Destructible:

Explanation:

Answer 2

Man Produces Capital: ...

Capital is a Passive Factor of Production: ...

Capital is a Produced Means of Production: ...

Capital is Variable: ...