Question

shortage of phyical capital does not neccesarily mean backward economy explain with example​

Answer 1

Answer:

what is the question I don't understand

Answer 2

Physical capital is important factor in economy.

Explanation:

• Shortage of physical capital create a unfavourable condition in economy.
• When the shortage of physical capital was occured the production process was stopped.
• Physical capital means it is a man made product, this is used in production process.
• It is tangible.
• It is one of the factors of production.
• The factors of production are land, labour, capital and entrepreneurship.
• Examples of physical capital is machinery, building, cash, etc.
• Physical capitals are divided into two types.
• They are working capital and fixed capital.
• Working capital is raw materials and money at hand.
• Fixed capital is buildings, tools and machines, etc.

To Learn More...

1.Shortage of physical capital does not necessarily mean backward economy. Explain with example.​

https://brainly.in/question/19407243

2.what do you understand by physical capital? what are the different types of capital under it ? clarify with example.

https://brainly.in/question/1566500