Geography, asked by buddy53, 1 year ago

what is meant by physical capital

Answers

Answered by durekhan123
4

In economics, physical capital refers to a factor of production (or input into the process of production), such as machinery, buildings, or computers. In economic theory, physical capital is one of the three primary factors of production, also known as inputs production function.


Answered by pavamuruganpbcfes
2
Physical capital is a factor of production. It is one of three primary building blocks that, in combination, can be used to produce goods and services.
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