Define physical capital fixedcapital working capital …

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Define physical capital fixedcapital working capital humwn capital with examples

Posted by Charu Kashyap 6 years, 5 months ago

CBSE > Class 09 > Social Science

2 answers

Karan Yadav 6 years, 5 months ago

Examples:- Working Capital:-money,raw materials etc. Fixed Capital:- machines,generators etc Human Capital:-CEO,Operating Staff ,i.e.the people who keep the factory going.

2Thank You

Karan Yadav 6 years, 5 months ago

Physical capital is the variety of inputs required in the process of production.Ther are two types of physical capitals:- 1.Working Capital:-It is a type of capital the needs to be renewed after every one production process.It gets exhausted in one production and for another production process the same materials have to be bought again. 2.Fixed capital:-It is the type of capital that is not renewed after every production. The same materials can be used again and again for a long period of time.(such as 10 years or so). Human Capital:-The are the people who invest in production, set up factory,arrange labour,do the designing work and put up land, capital etc.

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