what is physical capital and working capital
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1.PHYSICAL CAPITAL :-In economic theory, physical capital is one of the three primary factors of production, also known as inputs in the production function.
2.WORKING CAPITAL :-the capital of a business which is used in its day-to-day trading operations, calculated as the current assets minus the current liabilities.
2.WORKING CAPITAL :-the capital of a business which is used in its day-to-day trading operations, calculated as the current assets minus the current liabilities.
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Physical capital : The capital which include fixed capital and working capital is known as physical capital ...
example - Building , machines , money ...
Working capital : The capital which include raw materials and money in hands..
example - seeds, fertilizers , pesticides..
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