Question

What are stages of capital formation?

Don't spam

Answer 1

Answer:

Explanation:

The stages are: 1. Creation of savings 2. Conversion of savings into investment 3. The actual production of capital goods.

Hope this is the correct answer and the answer helps you.

Answer 2

Answer:

Three Stages in Capital Formation:

Therefore, in a modern free enterprise economy, the process of capital formation consists of the following three stages:

(a) Creation of Savings,

(b) Mobilization of Savings,

(c) Investment of Savings.

Explanation:

I hope it helps you....