Gross Investment and Net Investment
Investment is closely related to Economic growth. One of the important reasons for making investments is Capital Consumption, which is another technical term used for depreciation. By capital consumption, we mean to replace worn out, or failing machinery, equipment or buildings. Capital consumption arises from the continuous depreciation of fixed capital assets. The other obvious reason is to unde…
You need to be an IASPOINT member to access this content. Click Here for Membership details.
This article is a part of our content of Integrated UPSC /IAS General Studies - Target 2018 membership programme.