Economy, asked by abhikesh6837, 10 months ago

The idea of development is generally a mix of tangible and intangible aspects of life. how? (class 10)

Answers

Answered by thesnehasingh19
0

Answer:

idea of development consists many thinks of people ,the goal ofdevelopment of one people may not the development of other . some of them have physical existence and some have not.

Answered by gratefuljarette
0

The process of development involves the tangible and intangible aspects that contribute together for the growth. The tangible aspects include the physical nature of resources in regards to cash and investments. the intangible aspects are the money which is to received, any form of pre-paid expenses and more

Explanation:

  • The growth and development of an organisation or the economy requires the tangible and intangible assets. The tangible assets are  physical form of assets which are part of the economy or the enterprise. On the other hand the intangible assets are not available physically but include the financial well being of the economy or the enterprise. The tangible assets can be measured and are used for the production of goods.
  • The tangible assets are normally utilized at a fast pace compared to the intangible assets. The intangible assets provide a long term benefits in comparison to the tangible assets. This can be proved with an example where the company comes out with product which is involved with latest technology and can be very beneficial to the consumers for a long time. Therefore the benefit of the intangible asset has a long term value. On the other hand the inventory that was used for the product would have a short term value

To know more about tangible and intangible aspects

Brand personality is sum total of tangible and intangible aspects of a brand expressed in human terms

https://brainly.in/question/10124145

Similar questions