Question

.What do you mean by Physical Capital? What are the items that come under

Physical Capital?​

Answer 1

Answer:

Physical capital includes the variety of inputs required at every stage during production such as

Tools, Machines, Buildings. Tools and machines range from very simple tools such as a farmer's plough to sophisticated machines such as generators, turbines, computers, etc.

Raw Materials and Money in Hand. Production requires a variety of raw materials such as the yarn used by the weaver and the clay used by the potter. Money is also needed to make payments and buy necessary items.