Write any two feature of capital or factor of production
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Capital is the type of money. This money
is given by the entrepreneur to the Labour for their work.
Capital is of two types Working Capital
and Fixed Capital.
Working Capital:- This type capital of consists
raw materials. This raw material will sustain for two or three days so it is called working capital. Like we can give wage to Labour for their one day work.
Fixed Capital:- This type of capital consists machines. These Machines will sustain for 5 to 10 years, therefore it is called fixed capital.
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