Question

what is physical capital ? what are its different types?​

Answer 1

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The variety of inputs are required at every stage during production.

Types :

i) Fixed capital : The factors of production like tools, machines and buildings, which can be used over many years, are called 'fixed capital'.

ii) Working capital : The factors which are used up in production are called working capital. Example : Raw materials and money in hand.

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Answer 2

Answer:

Physical capital :

It is one of the requirement neccerary for crop production . It means a variety of of inputs required at every stage during production .

Two items comes under Physical capital , they are

1 . fixed capital

2 . working capital