Social Sciences, asked by Sridevivanchi, 1 year ago

what you mean by physical capital and 2 types.

Answers

Answered by thesmartlerner
1

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.


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Answered by adityaK2517
1
 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  :  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 .

2 . working capital  :  Raw materials and money at hand are called working capital .

 
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