Economy, asked by KeleticGaming, 9 months ago

explain the term physical capital.mention its different types with examples

Answers

Answered by SaiSahana
10

Explanation:

Physical Capital is the variety of inputs required at every stage during production. Physical Capital is of two types: (i) Fixed Capital: Tools, machines and building etc. are called Fixed Capitals. ... In this way, raw materials and money in hand is called working capital.

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Answered by shreya17650
8

Explanation:

in Economics physical capital refers to a factor of production (or input into the process of production), such as machinery, buildings or computers . in economic theory physical capital is one of the three primary factors of production also known as inputs production function .

physical capital is of two types ...

1. fixed capital - tools, buildings, machines etc.. are called fixed capital .

2. working capital - raw materials and money

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