Question

0.1. Explain the meaning of 'Physical Capital'. Explain
its two types with the help of suitable example. ​

Answer 1

Explanation:

Physical capital refers to the resources that are used for production. Raw material and money in hand are working capital that get used up during the production process. Fixed capital refers to buildings and tools that can be used over for years. Pls mark my answer brainliest.

Answer 2

Answer:

Physical capital:- It is one of the requirement necessary for crop production. It means a variety of inputs required at every stage during production.

Physical capital is of two type:-

Fixed capital- It includes tools and machines ranging from simple tools like - farmer's plough and machines like - generators, turbines, computers. Actually tools, machines and buildings can be used in production over many years, and are called fixed capital.

Working capital- Raw materials and money at hand are called working capital.