State any four characteristics of capital as a factor of production

1.	State any four characteristics of capital as a factor of production
Answer» Answer: Type your question... ECONOMICS What are the CHARACTERISTICS of capital? December 26, 2019avatar Sharleen Sarkar SHARE ANSWER Characteristics of capital are:- a) Man produces capital: Capital is NEEDED for production. Capital is the result of human efforts. b) Capital is a passive factor of production: Capital cannot produce without the active help of the labour. c) Capital is the produced means of the production: Capital REFERS to the wealth which cannot be produced automatically. It is supplied because of the joint efforts of land and labour. d) Capital depreciates: With the use of capital, the value of capital depreciates or loses its value. hope this will help you please MAKE me the brainliest

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ECONOMICS

What are the CHARACTERISTICS of capital?

December 26, 2019avatar

Sharleen Sarkar

ANSWER

Characteristics of capital are:-

a) Man produces capital: Capital is NEEDED for production. Capital is the result of human efforts.

b) Capital is a passive factor of production: Capital cannot produce without the active help of the labour.

c) Capital is the produced means of the production: Capital REFERS to the wealth which cannot be produced automatically. It is supplied because of the joint efforts of land and labour.

d) Capital depreciates: With the use of capital, the value of capital depreciates or loses its value.

hope this will help you

please MAKE me the brainliest

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