What is the meaning of physical capital and financial capital?
Answers
Answered by
2
In economic theory, physical capital is one of the three primary factors of production, also known as inputs production function. Financial capital is any economic resource measured in terms of money used by entrepreneurs and businesses to buy what they need to make their products or to provide their services to the sector of the economy upon which their operation is based, i.e. retail, corporate, investment banking, etc.
Answered by
2
Answer:
One way to describe assets is to break them down into categories, and two broad breakdowns are physical and financial capital. Physical capital is a tangible asset that can be touched in a real sense, while financial capital refers to the legal ownership of assets such as physical capital.
Similar questions