write a short note about the features of capital
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The most important function of the capital is to promote the economic growth of the country. For a satisfactory development of the country, adequate funds are very essential. The progress of many undeveloped and underdeveloped countries gets retarded, because of the paucity, of funds.
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Capital possesses the following main characteristics:
Man Produces Capital: ...
Capital is a Passive Factor of Production: ...
Capital is a Produced Means of Production: ...
Capital is Variable: ...
Capital is more Mobile than other Factors of Production: ...
Capital Depreciates: ...
Capital is Stored-up Labour: ...
Capital is Destructible:
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