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

Assessment: WAEC SSCE - Agricultural Science - 1990 (Objective) Subject: Agricultural Science

Question 1 Report

Investments with long life span in agricultural economics are otherwise known as
Answer Details
Investments with long life span in agricultural economics are otherwise known as "capital." Capital refers to any asset that can be used in the production of goods or services, including machinery, buildings, land, and other resources. In agricultural economics, capital investments may include purchasing land, buildings, and equipment used in farming operations that have a long life span and can generate income for many years. These investments are often critical to the success of agricultural enterprises and require careful planning and management.
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