Mastergp
Verified member
There are many forms and types of capital, and each has a very important ways they attribute to mans day to day life but first let see what capital really mean:capital can be define as a man made asset use in the production of goods and services, these include physical cash, motor vehicles, raw materials, finish goods, equipment, tools cutlass, hoe etc. And the reward for capital is interest.
And it has important feature also which includes
That capital is not natural it man made man make the capital that he use to start up a business and without it it would be hard to do so.
Another thing about capital is that it is durable which means it could be carried from one place to another.
Capital has important types too that one one need to bear in mind it include:
Fix capital: these are asset that last for a long time and do not change their form, in the process of production the include land, plant etc.
Social capital:
These are those form of asset provided by the government that aid production, this include social amenities provided by government.
Current or liquid capital :
These are capital resources use on daily basis for running a business.
And it has important feature also which includes
That capital is not natural it man made man make the capital that he use to start up a business and without it it would be hard to do so.
Another thing about capital is that it is durable which means it could be carried from one place to another.
Capital has important types too that one one need to bear in mind it include:
Fix capital: these are asset that last for a long time and do not change their form, in the process of production the include land, plant etc.
Social capital:
These are those form of asset provided by the government that aid production, this include social amenities provided by government.
Current or liquid capital :
These are capital resources use on daily basis for running a business.
