MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Resources

State whether...

Question

State whether the following statements are True of False :
Capital is a natural factor of production.

A

True

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

False

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is B False
Capital is not a free gift of nature to mankind, rather it is man-made, which majorly comprises of plants and machinery and other assets used in the production process. Hence, this statement is false.

Suggest Corrections

thumbs-up

1

Similar questions

Q. State whether the following statement is true or false:
Capital is a natural factor of production.

Q. State whether the following statement are TRUE and FALSE.

1. Demand for labour is direct demand.

2. Labour and labourer are inseparable.

3. Labour cannot be stored.

4. Capital is a natural factor of production.

5. Land is a free gift of nature.

Q. State whether the following statements are true or false :

The capital account of a retiring partner always shows a debit balance.

Q. State whether the following statement is true or false:
Capital is a passive factor of production.

Q. Objective Type Questions :
State whether following statements are true or false :

ROI is calculated on ownership capital only.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Understanding Human Capital

ECONOMICS

Watch in App

explore_more_icon

Explore more

Standard XII Economics

Join BYJU'S Learning Program

CrossIcon