Investments with long life span in agricultural economics are otherwise known as

Answer Details

The term used to describe investments with a long lifespan in agricultural economics is "capital." Capital refers to the resources, including money, property, and equipment, that are invested into a business or enterprise with the expectation of generating long-term income or profit. In agriculture, capital is often used to purchase land, build structures, buy machinery, or make other investments that will support the production of crops or livestock over a period of many years. This type of investment is different from savings deposits, which are designed to be a low-risk, short-term way of saving money, or from profit, which refers to the money made from a business after all expenses have been taken into account.