Rationale

In the production process of goods and services, some resources are required in order to facilitate the process. When these resources are employed in the production process, they receive the rewards. This section will embark on capital as a factor of production together with its reward. As a student, this information is important because the goods and services required for the satisfaction of your needs have to be  created. Thus you are expected to know the various types of capital and the role that they play in production process.