Economy, asked by Disharaghuvanshi, 4 months ago

2. Explain the term Physical capital. mention it different types with examples.


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Answers

Answered by priyanshisinha216
4

Explanation:

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.


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Answered by Anonymous
2

Answer:

Physical capital represents in economics one of the three primary factors of production. Physical capital is the apparatus used to produce a good and services.

Explanation:

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