Capital,the factor of production,includes physical capital (such as buildings and machines),human capital (improvement in labor by education and knowledge),and financial capital (such as stock market investments).

Question

Quizplus · Accepted Answer

Capital as a factor of production typically includes physical capital and human capital, but financial capital is not considered a factor of production in economic terms. Financial capital is more about funding and investment rather than direct production.

Capital,the Factor of Production,includes Physical Capital (Such as Buildings and Machines),human