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

1.	Write any two characteristics of capital as a factor of production.
Answer» Answer: To PRODUCE with machines, labour is required. Thus, labour is an ACTIVE, whereas capital is a PASSIVE factor of PRODUCTION. 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.

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To PRODUCE with machines, labour is required. Thus, labour is an ACTIVE, whereas capital is a PASSIVE factor of PRODUCTION. 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.

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

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