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

Question

Quizplus · Accepted Answer

Financial capital is not considered a factor of production; only physical and human capital are. Factors of production refer to resources used in the production process, while financial capital is used to acquire these resources.

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