Question

types of physical capital?

Answer 1

Hey ❗❗

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➡Firstly what is physical capital !!

➡This is defined as the main primary factor which relates to production.

➡Types of physical capital are as follows :-

➡ Fixed capital:-
These are the capitals which are fixed & can be used for a long time.
For example :-Buildings,tools,machines etc

➡ Working capital-:
These are the capitals which get consumed by humans.

➡For example :-Seeds,fertilizers,pesticides etc
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Answer 2

There are basically two types of physical capital :
1) Fixed capital - It is the money that is needed to buy equipments or the machines that is required for farming. For example threshers, turbines , chemical fertilisers etc.
2) Working capital- It is the money