Question

what is meant by physical capital? give examples. what are the term coming under it?

Answer 1

Physical capital means the variety of inputs required at every stage during production.
ex. tools , equipments and etc....

The are of two types:

1. Fixed capital: These refer to the fixed assets used in carrying out production.ex. land, buildings, machines etc.

2. Working capital:These refer to things that change hands during production ex.raw materials, clay etc.

hole it help youuuuu.....

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Answer 2

Physical capital refers to any manufactured one that is applied production,such as machinery,building,or vehicles,which is one of the three primary factors of production .
Physical capital - can be of fixed capital and working capital.
A.fixed capital - tools,machines ,buildings,etc.......they may range from
very simple tools such as farmers plough to sophisticated machines to generators,computers etc....
B.working capital - raw materials and money in hand come under this category .e.g - yarn used by weaver and clay used by potters . Some money is always required during production to make payments and buy other necessary items.