what are the types of capital ?9th economic
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HERE'S YOUR ANSWER! Those materials which can be used in production over many years are called FIXED CAPITAL . ... this means raw materials and money in hand, Production requires a variety of raw materials such as the yarn is used by the weaver and clay used by the potter.
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Fixed capital- It includes tools and machines ranging from simple tools like - farmer's plough and machines like - generators, turbines, computers. ...
Working capital- Raw materials and money at hand are called working capital.
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