what is fixed capital
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capital invested in fixed assets
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Fixed Capital :-
Fixed capital is defined as the stock of tangible,durable fixed assets owned or used by resident enterprises for more than one year.
- Example : Tools,Machines,Buildings etc.
Other Details :-
- Human capital : Human knowledge and enterprises which are required to put together land,labour,and physical capital to produce an output.
- Working capital : It refers to rahe materials and money in hand these are used up in products.
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