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The following are types of capital except:___________

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Economics JAMB 2018

The following are types of capital except:___________

  • Current capital
  • Saving capital checkmark
  • Working capital
  • Social capital

The correct answer is: B

Explanation

The different types of capital include: Fixed capital, which are assets not used up in the course of production. Circulatory or Working capitals are assets which are used up in the process of production Eg. Raw materials, fuel etc Social capital is the assets provided by the government that aid production. Examples include electricity, water etc.

Saving capital is not a type of capital

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