define physical capital, fixed capital, working capital and human
Answers & Comments
lakhipriyadas1
Physical capital is a facto of production consist of macinary and buildings. Fixed capital are relatively durable and can be used repeatedly in thd production of goods. Working capital is a measure of both a company's efficiency and its short-term financial health. Human capital refers to the stock of knowledge,habits,social and personality attributes.
The variety of inputs required at every stages during production.
Fixed Capital
tools and machine range from very simple tools such as a farmer plough to generator , turbines computers etc tool machine buildings can be used in production over many years and are called fixed capital.
Working capital
Raw materials and money in hand are called working capital.
Human capital
materials that made human are called human capital life example Road, building, house etc
Answers & Comments
Fixed capital are relatively durable and can be used repeatedly in thd production of goods.
Working capital is a measure of both a company's efficiency and its short-term financial health.
Human capital refers to the stock of knowledge,habits,social and personality attributes.
Answer
Physical capital
The variety of inputs required at every stages during production.
Fixed Capital
tools and machine range from very simple tools such as a farmer plough to generator , turbines computers etc tool machine buildings can be used in production over many years and are called fixed capital.
Working capital
Raw materials and money in hand are called working capital.
Human capital
materials that made human are called human capital life example Road, building, house etc