Sponsor Area

The Story Of Village Palampur

Question
CBSEENSS9007962

Write any three features of Capital as a factor of Production.

Solution

Following are the features of Capital as a factor of production:


(i)The Capital is of two types such as fixed capital and working capital.

(ii) It is a man-made source of production.

(iii)The Capital has an economic value and is passive factor of production.