Question

What do you mean by physical capital?What are the items that come under physical capital​

Answer 1

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• Physical capital refers to any manufactured one that is applied production, such as machinery, buildings, or vehicles, which is one of the three primary factors of production (the other two are land and labor/workforce).

Answer 2

Physical capital refers to any manufactured one that is applied production, such as machinery, buildings, or vehicles, which is one of the three primary factors of production (the other two are land and labor/workforce).