Question

which are the two components of capital?
A) Human capital and Physical capital
B) Passive capital and Transferable capital
C) Fixed capital and Working capital
D) Farming capital and Irrigation caption​

Answer 1

Answer:

A),C)

Explanation:

Human capital means the knowledge & enterprise needed to be able to put together the other factors of production.

Physical capital is the variety of inputs required at every stage during production. It includes fixed capital and working capital.

Fixed capital: Tools and machines range from a plough to a tractor and sophisticated machines like generators, turbines, computers, etc that can be used in production for many years.

Working capital: Production requires a variety of raw materials. ... Raw materials and money in hand are called working capital. Unlike tools and machines, these are used up in production.

Answer 2

Explanation:

Option A and C

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