Social Sciences, asked by TypoLazer, 8 months ago

What is the role of Physical Capital as a factor of production?

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Answered by nishagupta89853
3

Answer:

Physical capital is part of the production process, what economists call a factor of production. It includes things like buildings, machinery, equipment and computers. ... Physical capital is important because it increases productivity, which is one of the main things that helps drive economic growth.

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