Question

what is meant by physical capital explain its types with example​

Answer 1

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Physical Capital is the variety of inputs required at every stage during production. Physical Capital is of two types: (i) Fixed Capital: Tools, machines and building etc. are called Fixed Capitals. ... In this way, raw materials and money in hand is called working capital

Answer 2

in economy is physical capital refer to a factor of production such as machinery or computer in the economic theory physical capital is one of the three primary factor of production as known as input production functions