write any characteristics of capital as a factor of production
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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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Answer:
capital is III requirement in the production of organisation
Explanation:
tools machines buildings can be used in production over many years and are called fixed capital
raw material and money in hand are called working capital
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