Social Sciences, asked by shubhamkaushiks, 1 year ago

what is capital? distinguish between physical coatial and working capital

Answers

Answered by Maria03
1
Hey!

Capital can refer to money or the inputs used in agriculture.

Fixed Capital : Inputs that can be used over and over again are called fixed captial. Eg: land, machines etc

Working Captial : Inputs that are used up in the process of production are called working capital. Eg: money in hand, raw materials etc

Thank you!
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