Pakistan is one of the less advanced countries of the world. We use very
little capital in production as compared to advanced and developed
countries. There fore of our working force is engaged in agriculture. In
most cases capital consist if a few cattle and a few wooden tools and a
cart in some cases. Some expensive forms of capital; are also being
supplied by the government in certain parts of the country and some
other facilities are also being provided e.g. irrigation canals railways
and roods etc. The government also owns some powerhouses. As a result n
new industries are springing up which use modern method. Hence we have
factories and machines at work. But still their importance in the
economy is yet quite small. If we want to develop ourselves economically
we must increase our capital supply. Without adequate capital to call
ourselves a developed nation would become a mere dream. Nowadays the key
to success economically and industrially is the supply of capital. We
can take the example of Korea Japan China America Germany etc. They are
not born established nations. They have relied on themselves conduced
the people to save and made efficient use of capital. Very simply we can
say that in to days age and era of technology and industry a country
like Pakistan has to rely heavily on capital formation and hence the
capital.
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