Question

what is meant by physical capital give example what are the items coming under it

Answer 1

Hlo friend...

➡️PHYSICAL CAPITAL

Physical capital is often referred to simply as capital.

it consists of all those goods that help in further production of more goods, for example, tools, equipment, machines and raw materials.

Physical capital is of two types :

( i ) Fixed capital

( ii ) Working capital

FIXED CAPITAL consists of those goods which can be used again and again. The last over a long period of time, for example, machines and tools.

WORKING CAPITAL consists of those goods which are used up in the process of production, for example, raw materials.

HOPE IT HELPS YOU...

REGARDS
@sunita

Answer 2

Explanation:

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