Characteristics of Capital as a factor of production

Highlight characteristics of capital as a factor of production

  • Capital is a man made resource
  • Capital can be moved from one place to another
  • It can reduce in value i.e. its subject to deprecation
  • Can be improved through advancement of technology
  • Its reward is interest
  • It is a basic factor of production




Characteristics of CAPITAL as a factor of production


(Visited 736 times, 1 visits today)

Leave a Reply

Your email address will not be published.