Question

why is capital considered as important factor of production in the modern world?Give two reasons to support your answer​

Answer 1

Answer:

More specifically, capital can be the money that companies use to buy resources, as well as the physical assets companies use when producing goods or services, such as factories and machinery. Capital is an important factor of production because it's what allows labor and land to be purchased.

Explanation:

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Answer 2

Answer:

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