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Write any two characteristics of capital as a factor of production.​

Answer» <html><body><p><strong>Answer:</strong></p><p>To <a href="https://interviewquestions.tuteehub.com/tag/produce-1167752" style="font-weight:bold;" target="_blank" title="Click to know more about PRODUCE">PRODUCE</a> with machines, labour is required. Thus, labour is an <a href="https://interviewquestions.tuteehub.com/tag/active-367234" style="font-weight:bold;" target="_blank" title="Click to know more about ACTIVE">ACTIVE</a>, whereas capital is a <a href="https://interviewquestions.tuteehub.com/tag/passive-597006" style="font-weight:bold;" target="_blank" title="Click to know more about PASSIVE">PASSIVE</a> factor of <a href="https://interviewquestions.tuteehub.com/tag/production-14556" style="font-weight:bold;" target="_blank" title="Click to know more about PRODUCTION">PRODUCTION</a>. Capital on its own cannot produce anything until labour works on it. ... The composition or supply of capital is not automatic, but it is produced with the joint efforts of labour and land.</p></body></html>


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