What is physical capital
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Posted by Shubham Jain 5 years, 8 months ago
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Harshita Jain 5 years, 8 months ago
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Yogita Ingle 5 years, 8 months ago
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 capital .
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