What is physical capital what are its different types

Asked by admin @ 13/08/2021 in Social Sciences viewed by 350 People

What is a physical capital?What are it's different types?Explain each type.

Answered by admin @ 13/08/2021

Physical capital is a primary factor of production. Physical capital refers to any such thing that is required as an input during any stage of production. For instance machinery, tools, raw materials, etc.

Physical capital is of two types:

Fixed capital is that physical capital that can be used over and over for several years. Examples include machinery and tools as these can be used in production for many years. Fixed capital calls for one time investment and can be used for long time period.
Working capital refers to that physical capital that is used during one production cycle and then needs to be procured again for the next production cycle. For example, raw material for a production process is working capital as once used for producing goods, it needs to be procured again. Similarly, money is working capital as it is needed for every new production cycle.

What is the difference between physical dependence and psychological dependence

Asked by admin @ 16/11/2021 in Health viewed by 266 persons

Explain the difference between physical dependence and a psychological dependence

Different types of beaks and claws of birds

Asked by admin @ 26/08/2021 in Science viewed by 356 persons

Discuss about the types of leadership in physical education

Asked by admin @ 20/08/2021 in Social Sciences viewed by 340 persons

What do you mean by leadership in physical education?

What was so different in brussels the capital of belgium

Asked by admin @ 03/08/2021 in Social Sciences viewed by 239 persons

In what way brussels is different from rest of belgium

How is a chemical change different than a physical change

Asked by admin @ 03/08/2021 in Science viewed by 290 persons

How is a chemical change different from a physical change

What types of physical benefits can be obtained from bowling

Asked by admin @ 02/08/2021 in Biology viewed by 269 persons

What types of physical benefits can be obtained from bowling?

What is the difference between physical change and chemical change

Asked by admin @ 02/08/2021 in English viewed by 300 persons

What is the difference between physical change and chemical change

How does a physical change differ from a chemical change

Asked by admin @ 02/08/2021 in Science viewed by 288 persons

How is a chemical change different from a physical change

Asked by admin @ 02/08/2021 in Science viewed by 319 persons

How is a chemical change different from a physical change

What are major types of physical evidence for climate change

Asked by maham237 @ 27/05/2021 in Biology viewed by 272 persons

What are the different types of van der waals forces

Asked by admin @ 26/11/2021 in Chemistry viewed by 273 persons

How many types of van der Waals forces exist?

How many different types of cells are in your body

Asked by admin @ 26/11/2021 in Biology viewed by 314 persons

There are approximately 200 different types of cells in the human body, although all cells are dependent on other cells to perform body functions. Explain how your model supports this …

What is the difference between physical activity and physical fitness

Asked by admin @ 26/11/2021 in Health viewed by 362 persons

Explain the difference between physical activity and exercise thank you

What is the difference between mass and weight in physics

Asked by admin @ 11/11/2021 in Physics viewed by 356 persons

What is the difference between mass and weight? A) Mass measures the force of gravity and weight measures volume. B) Mass is measured in metric units and weight is measured …