Question

Which of the following are the features of capital?

• A. It helps the other factors of production.
• B. It provides support only to labour.
• C. It enhances the production skills of labourers.
• D. It has mobility.

Answer 1

Answer: (A), (C), (D)

The correct options are
A It helps the other factors of production.
C It enhances the production skills of labourers.
D It has mobility.

The tangible man-made items which are used for the production of a product is known as capital. It is essential to the production of a product. The features of capital are as follows:
1. It acts as a support to the other factors of production.
2. It enhances the production skills of labourers.
3. It has mobility.