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29 October, 09:19

How does capital play an important role in the other factors of production?

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  1. 29 October, 09:35
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    Capital is an important factor of production because it's what allows labor and land to be purchased.

    Explanation:

    capital can be the money that companies use to buy resources, as well as the physical assets companies use when producing goods or services, such as factories and machinery.
  2. 29 October, 09:38
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    Capital can be the money that companies use to buy resources, as well as the physical assets companies use when producing goods or services, such as factories and machinery, labor, and land purchases.
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