Social Sciences, asked by smansoor9618, 1 year ago

What do you mean by term physical capital?

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Answered by RithikaP1
5
Physical Capital, in economics,A factor of production it is one of three primary building blocks ( along with land and labour)that,in combination, can be used to produce goods and services.The term capital has no fixed conceptual definition , and various schools of economic thought have defined it differently.

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