Which of the following is an example of physical capital?

Question

Quizplus · Accepted Answer

Physical capital refers to the tools, equipment, and infrastructure used in the production of goods and services. A tractor is an example of physical capital as it is a machine used in agriculture to cultivate and harvest crops. The farmer (B) is not an example of physical capital as it refers to human capital or the skills, knowledge, and experience possessed by individuals. A high-yield seed variety (C) is an example of natural capital or resources provided by nature. Therefore, only option A is the correct answer.

Which of the Following Is an Example of Physical Capital