Physical capital differences across countries can be seen in the fact that

Question

Quizplus · Accepted Answer

Physical capital refers to the technology, tools, and equipment used in production. More advanced economies typically have access to more advanced physical capital, such as state-of-the-art machinery and technology, that allows for greater efficiency and productivity. Therefore, option C is the best choice because it states that more advanced economies have more sophisticated technology, which is an example of physical capital differences across countries. The other options, while potentially relevant to economic development, do not directly address physical capital differences.

Physical Capital Differences Across Countries Can Be Seen in the Fact