Question

What is physical capital?
Mention it's types.​

Answer 1

Answer:

Physical Capital is the variety of inputs required at every stage during production. Physical Capital is of two types: (i) Fixed Capital: Tools, machines and building etc. are called Fixed Capitals. ... In this way, raw materials and money in hand is called working capital.

Answer 2

Physical capital:- It is one of the requirement necessary for crop production. It means a variety of inputs required at every stage during production.Physical capital is of two type:-Fixed capital- It includes tools and machines ranging from simple tools like - farmer's plough and machines like - generators, turbines, computers. Actually tools, machines and buildings can be used in production over many years, and are called fixed capital.Working capital- Raw materials and money at hand are called working capital.