physical capital

English - English

Definition of physical capital in English English dictionary

(Ekonomi) In general physical capital refers to any non-human asset made by humans and then used in production. Often, it refers to economic capital in some ambiguous combination of infrastructural capital and natural capital. As these are combined in process-specific and firm-specific ways that neoclassical macroeconomics does not differentiate at its level of analysis, it is common to refer only to physical vs. human capital and seek so-called "balanced growth" that develops both in tandem

Hyphenation

phys·i·cal cap·i·tal

Turkish pronunciation

fîzîkıl käpıtıl

Pronunciation

/ˈfəzəkəl ˈkapətəl/ /ˈfɪzɪkəl ˈkæpətəl/