what is physical capital??
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Wʜᴀᴛ ɪs Pʜʏsɪᴄᴀʟ Cᴀᴘɪᴛᴀʟ?
_________♡︎♡︎♡︎_______________________
Pʜʏsɪᴄᴀʟ ᴄᴀᴘɪᴛᴀʟ ʀᴇғᴇʀs ᴛᴏ ᴀssᴇsᴛs, sᴜᴄʜ ᴀs ʙᴜɪʟᴅɪɴɢ, ᴍᴀᴄʜɪɴᴇʀʏ, ᴀɴᴅ ᴠᴇᴄʜɪᴄʟᴇs, ᴡʜɪᴄʜ ᴀʀᴇ ᴏᴡɴᴇᴅ ᴀɴᴅ ᴇᴍᴘʟᴏʏᴇᴅ ʙʏ ᴀɴ ᴏʀɢᴀɴɪᴢᴀᴛɪᴏɴ. Pʜʏsɪᴄᴀʟ ᴄᴀᴘɪᴛᴀʟ ᴄᴏɴsᴛɪᴛᴜᴛᴇs ᴏɴᴇ ᴏғ ᴛʜᴇ ғᴀᴄᴛᴏʀs ᴏғ ᴘʀᴏᴅᴜᴄᴛɪᴏɴ ᴏᴛʜᴇʀ ᴛʜᴀɴ ʟᴀɴᴅ ᴀɴᴅ ʟᴀʙᴏᴜʀ.
________________________♡︎♡︎♡︎________
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Answer:
Pʜʏsɪᴄᴀʟ ᴄᴀᴘɪᴛᴀʟ ʀᴇғᴇʀs ᴛᴏ ᴀssᴇsᴛs, sᴜᴄʜ ᴀs ʙᴜɪʟᴅɪɴɢ, ᴍᴀᴄʜɪɴᴇʀʏ, ᴀɴᴅ ᴠᴇᴄʜɪᴄʟᴇs, ᴡʜɪᴄʜ ᴀʀᴇ ᴏᴡɴᴇᴅ ᴀɴᴅ ᴇᴍᴘʟᴏʏᴇᴅ ʙʏ ᴀɴ ᴏʀɢᴀɴɪᴢᴀᴛɪᴏɴ. Pʜʏsɪᴄᴀʟ ᴄᴀᴘɪᴛᴀʟ ᴄᴏɴsᴛɪᴛᴜᴛᴇs ᴏɴᴇ ᴏғ ᴛʜᴇ ғᴀᴄᴛᴏʀs ᴏғ ᴘʀᴏᴅᴜᴄᴛɪᴏɴ ᴏᴛʜᴇʀ ᴛʜᴀɴ ʟᴀɴᴅ ᴀɴᴅ ʟᴀʙᴏᴜʀ.
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