What is Physical capital?
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Physical capital is the capital which is required to be changed in the production process. Eg - money , Seeds , water, etc . Hope it helps .. Mark my ans the brainliest please
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Answer:
Answer explained below :)
Explanation:
Physical capital is the capital needed for production of goods and services.
They are of two types :
- Fixed Physical capital
- Working Physical capital
Fixed Physical Capital is the capital that can be repeatedly used for many years.
eg : Farmers plough
Working Physical Capital is the capital that is used up in progress.
eg : Money
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