Question

Define fixed capital in easy language （class 9）（Economics）

Answer 1

Fixed capital is also called a "fixed investment" and encompasses assets that are used continuously during the business's operation, according to the Business Dictionary. For example, the equipment used to produce merchandise would constitute fixed capital because it is not depleted with each use.

Answer 2

HEY MATE! HERE'S YOUR ANSWER!

$\textbf{Fixed Capital}$

Those materials which can be used in production over many years are called FIXED CAPITAL .

$\textsf{It is a type of PHYSICAL CAPITAL.}$

for example, Tools, machines and buildings range from very simple tools such as a farmer's plough to sophisticated machines such as generators, turbines, computers, etc.

Other type of PHYSICAL CAPITAL is :-

$\textbf{Working Capital}$

this means raw materials and money in hand, Production requires a variety of raw materials such as the yarn is used by the weaver and clay used by the potter.

also, some money is always required during production to make payments and by other necessary items.

$\textbf{hope you understood!}$