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Define physical capital

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Define physical capital

Posted by Parvathy Roshan 5 years, 2 months ago

CBSE > Class 09 > Social Science

2 answers

Sweta Soreng 5 years, 2 months ago

Physical capital : It is the variety of inputs required at every stage during production.

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Unknown ..? 5 years, 2 months ago

The variety of inputs required at different stages of production is termed as physical capital. It may be fixed capital which requires single time investment (like. Tractors..machines..etc) or it may be working capital requiring multiple investment (like. Money..raw material..etc)

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CBSE > Class 09 > Social Science