Question

what is physical capital class 9​

Answer 1

Explanation:

Physical capital: Physical capital is the variety of inputs required at every stage during production. It includes fixed capital and working capital. ... Raw materials and money in hand are called working capital. Unlike tools and machines, these are used up in production.

Physical capital consists of tangible, man-made objects that a company buys or invests in and uses to produce goods. Physical capital items, such as manufacturing equipment, also fall into the category of fixed capital, meaning they are reusable, and not consumed during the production process.