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What is meant by physical capital? What are the two types of physical capital? Write main feature of each with example. |
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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 . Physical capital is DIVIDED into two types 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 capitalmark this ans as brainliest |
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