Physical Capital includes

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Fixed Capital

Working Capital

Human Capital

Fixed and Working Capital

answer is D.

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Detailed Solution

Physical capital includes both fixed and working capital.
It includes machinery, structures, equipment, computers, tools, and equipment. The manufacturing process uses it to enable the transformation of raw materials into finished goods. The term "physical capital" refers to items made by humans that are used during the production process to transform raw materials into finished goods. Fixed capital and working capital are the two categories of physical capital. Assets that can be used in the production process over an extended period, such as factory machines, structures, tools, etc., are referred to as fixed capital. Raw materials that will be transformed into finished goods are included in working capital, as funds on hand that will be needed to purchase raw materials or any other items during production.

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