Which of the following is the best definition of "physical capital"?
A) the labor utilized in the production process
B) man-made resources used to produce other goods
C) natural resources in their original state
D) the ownership of stock shares issued by a corporation

Question

Quizplus · Accepted Answer

Physical capital refers to man-made resources such as machinery, buildings, and tools that are used in the production of other goods and services.

Which of the Following Is the Best Definition of "Physical