Question

Difference between the 2 types of physical capital

Answer 1

Answer:

physical capital is normally considered as human resource capital,because when we take the word physical it comes as a physical pratices or physical support ,as the result it is of two types which support and machanical .

Answer 2

Answer:

There are two types of physical capital: fixed capital and working capital.

1. Fixed capital includes those assets which can be used over many years in the process of production like machines in factory, building, tools etc.
2. working capital denotes the amount of funds needed for meeting day-to-day operations of a concern.