What is mean by physical capital
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hey mate!!
here's ur answer dear:-)
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PHYSICAL CAPITAL:-
➡ Physical capital is part of the production process, what economists call a factor of production. It includes things like buildings, machinery, equipment and computers.
➡ Physical capital is important because it increases productivity, which is one of the main things that helps drive economic growth.
_____________
hope it helps❤❤
#thankyou...☺☺
here's ur answer dear:-)
_______
PHYSICAL CAPITAL:-
➡ Physical capital is part of the production process, what economists call a factor of production. It includes things like buildings, machinery, equipment and computers.
➡ Physical capital is important because it increases productivity, which is one of the main things that helps drive economic growth.
_____________
hope it helps❤❤
#thankyou...☺☺
Answered by
1
physical capital is the variety of inputs required at every stage during production.
it is of two types 1-fixed2-working
it is of two types 1-fixed2-working
samyuktha8642:
Thank u aunty
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