The stock of tools,including machines,structures,and equipment,used to produce output is called:

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Physical capital refers to the stock of tools, machines, structures and equipment used to produce output. It is also known as real capital. Human capital refers to the education, skills, and knowledge possessed by workers. Technological knowledge refers to the understanding of how to produce output efficiently using the available physical and human capital.

The Stock of Tools,including Machines,structures,and Equipment,used to Produce Output Is