the money that is utilized in prodution is called
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Money is any object that is generally accepted as payment for goods and services and repayment of debts in a given country or socio-economic context. The main functions of money are distinguished as: a medium of exchange; a unit of account; a store of value; and, occasionally, a standard of deferred payment.
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Working capital
The raw materials and money in hand are known as working capital, which is used for the production of commodities. It is also called as current capital.
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