capital is a money to start a business
Capital
Capital
Money is not a factor of production in economics because it is used as a way to facilitate trade, but does not actually produce goods or services on its own. Money is not considered a factor of production because it cannot be made into a good or service. It can only purchase them. Money facilitates trade, but it is not in itself a productive resource. A factor of production is an input to the production process, such as capital. Money is not capital as economists define capital, because it is not a productive resource.
Yes, it is considered capital.
capital
Yes.
Capital
Capital
Money is not a factor of production in economics because it is used as a way to facilitate trade, but does not actually produce goods or services on its own. Money is not considered a factor of production because it cannot be made into a good or service. It can only purchase them. Money facilitates trade, but it is not in itself a productive resource. A factor of production is an input to the production process, such as capital. Money is not capital as economists define capital, because it is not a productive resource.
Yes, it is considered capital.
Labor
capital
capital
capital
CAPITAL
Capital as a factor of production entails goods that are produced through human labor in an economic system. This does not include Natural Resources or land.
Define factor of production land ,labour,physical capital ,human capital?