Question

The capital owned by a group of people or a business, which is run by a family or a group, is known as __________.

• A. collective capital
• B. individual capital
• C. national capital
• D. international capital

Answer 1

The correct option is A collective capital

Collective capital is the capital owned by a group of people or a business, which is run by a group or family. In this case, all the people of the group or family collectively use the benefits derived from the utilization of that capital.