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Saturday, November 26, 2011

Weakness of the capital available

The weakness of the available capital of the manifestations of economic backwardness

  Capital is divided into two sections ...........

Physical capital and human capital as physical capitalconsists of productive capital and social capital

Defines social capital as an equipment and machinery,factories and raw materials that enter in the process ofproduction of goods and services

While social capital is defined as a collective facilities of the national economy as roads, bridges, railways, airports andMani, hospitals and schools

There is a relationship of mutual influence between physical capital and human
Developing countries suffer from the relative scarcity ofcapital in a highly available for the other factors of production and also lower average per capita income of theproductive capital and poor social facilities and infrastructure

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