Resources created by humans to aid production.
Resources created by humans to aid production
human effort and ideas drive production
investment
Resources created by humans to aid production. Human effort and ideas drive production.
B. Human effort and ideas drive production
....
Resources given to the earth to supply production
Resources given to the earth to supply production
production
production
Resources given to the earth to supply production
human effort and ideas drive production
investment
Resources created by humans to aid production. Human effort and ideas drive production.
B. Human effort and ideas drive production
capital is the fund which is brought into the business, It is the source which is used to buy the Asset (machinery) and Raw materials. With the help of the machinery only the working process will be carried on and we can produce the goods. Therefore i conclude it by saying capital is the very much essential in Production.
capital is the fund which is brought into the business, It is the source which is used to buy the Asset (machinery) and Raw materials. With the help of the machinery only the working process will be carried on and we can produce the goods. Therefore i conclude it by saying capital is the very much essential in Production.
Capital of goods is the resources that are available to produce the goods. An example of capital production is the ownership of a moving truck that is used for profit by a moving company. The moving truck is the capital used for the production.