ECONOMICS
TECHNOLOGY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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buildings
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training
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machines
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tools
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Detailed explanation-1: -Detailed Solution. The correct answer is money capital. Physical capital includes man-made goods that are used for converting raw materials into finished goods. This capital includes buildings, machinery etc.
Detailed explanation-2: -Cash, real estate, equipment, and inventory are examples of physical capital.
Detailed explanation-3: -Physical capital is of two different types – working capital and fixed capital.
Detailed explanation-4: -Physical capital consists of items like machinery, buildings, equipment, etc. Physical capital includes man-made goods that are used in the process of production for converting raw material to finished goods. Any new project requires a significant amount of investment in the physical capital.