what is meant by physical capital?give examples.what are the items coming under it
Answers
Answered by
18
Answer:
Physical capital is often referred to simply as capital. it consists of all those goods that help in further production of more goods, forexample, tools, equipment, machines and raw materials. ... WORKINGCAPITAL consists of those goodswhich are used up in the process of production, for example, raw materials.
Explanation:
pls mark me as brainliest ❣❣
Answered by
0
Answer:
Hey Mate !
→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.
→Physical Capital. Physical capital consists of man-made goods that assist in the production process. Cash, real estate, equipment, and inventory are examples of physical capital.
Explanation:
Hope it helps u
Brainliest plz..
#Keep smiling :)
Similar questions