name two types of physical capital . write the features of the both ( class 9)
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Answer:
There are two types of physical capital: fixed capital and working capital. Fixed capital includes those assets which can be used over many years in the process of production like machines in factory, building, tools etc.
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Answered by
2
Answer:
fixed capital and working capital.
Explanation:
Fixed capital - includes those assets which can be used over many years in the process of production like machines in factory, building, tools etc.
Working capital - includes raw materials which will be converted into finish goods and money in hand which will be required to purchase raw material or any other item during production.
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