Economy, asked by deepthi23, 1 year ago

what does physical capital include?????

Answers

Answered by tejasvinitha
5
In economics, physical capital or just capital is a factor of production (or input into the process of production), consisting of machinery, buildings, computers, and the like. ... In economic theory, physical capital is one of the three primary factors of production, also known as inputs in the production function.
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Answered by Pratham045
4
physical capital is the variety of inputs required at every stage during production.
there are two types of physical capital
1. tools, machines, buildings can be used in production over many years and are called fixed capital.
2.raw materials and money in hand are called working capital.
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