Question

Write any four characteristics of capital as a factor of production...

Answer 1

Answer:

▪︎It is a man made source of production.

▪︎Capital is of two types- fixed capital and working capital.

▪︎It is a passive factor of production.

▪︎The capital has an economic value.

#Hope it helps ✨

Answer 2

Explanation:

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: