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Physical items like buildings and machinery are considered capital?
Wiki User
∙ 14y ago
Tangible
Wiki User
∙ 14y ago
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How is the resource capital defined?
Capital might be viewed as human capital--the knowledge, skills, and attitudes that humans possess that allow them to produce. The other type of capital is physical capital, which includes buildings, machinery, tools,
What are two types of capital in economic?
Human and machinery.
Items such as machinery buildings and other goods that are designed to increase the production potential of the economy are classified into which of these categories?
fixed capital
What is capital resources used for?
Capital resources are tools used to create other tools and services for a companies' business. Kraft needs buildings and machinery to make food products to sell.
Why is the garbage truck factor of production?
Physical Capital consist of things like machinery equipment, factory, bulding, computers & even hand tools
What Physical items like building and machinery are considered what kind of capital?
They are considered as fixed assets.
How is the resource capital defined?
Capital might be viewed as human capital--the knowledge, skills, and attitudes that humans possess that allow them to produce. The other type of capital is physical capital, which includes buildings, machinery, tools,
What kinds of things could be considered capital resources?
Buildings are considered capital. Cash and vehicles are not considered capital.
What is factory buildings an example of?
physical capital
Which factor of production includes such things as machinery and buildings used in the production of other goods?
capital
What are the 2 types of capital?
fixed capital : capital invested in the fixed assets of the business. such as buildings,machinery working capital: capital invested in the running of the business expenses and activities
What are two types of capital in economic?
Human and machinery.
Who of these is not considered a capital investment?
Profit
Difference between human capital and physical capital?
Human capital refers to the knowledge, skills, and attributes that individuals possess, including education and experience that contribute to their productivity. Physical capital, on the other hand, refers to tangible assets such as machinery, equipment, and infrastructure that are used in the production process. While human capital is intangible and resides within individuals, physical capital is tangible and can be seen and touched.
Which company is investing in material capital such as buildings factories or machinery?
IBM is developing and improving technology for schools.
Which company below is investing in material capital such as buildings factories or machinery?
IBM is developing and improving technology for schools.
Form of capital resources?
Capital resources are items made and used to make other goods and services. The basic categories of capital resources are tools, equipment, buildings and machinery.
