Firms based on ideas and information were favoured over ones that relied on physical capital.
基于创意和信息的公司比依赖实物资本的公司更受青睐。
| 单词 | Physical capital |
| 释义 |
Physical capital
原声例句
经济学人 Business Firms based on ideas and information were favoured over ones that relied on physical capital. 基于创意和信息的公司比依赖实物资本的公司更受青睐。
英语百科
Physical capitalIn economics, physical capital or just capital is a factor of production (or input into the process of production), consisting of machinery, buildings, computers, and the like. The production function takes the general form Y=f(K, L), where Y is the amount of output produced, K is the amount of capital stock used and L is the amount of labor used. In economic theory, physical capital is one of the three primary factors of production, also known as inputs in the production function. The others are natural resources (including land), and labor — the stock of competences embodied in the labor force. "Physical" is used to distinguish physical capital from human capital (a result of investment in the human agent)), circulating capital, and financial capital. "Physical capital" is fixed capital, any kind of real physical asset that is not used up in the production of a product. Usually the value of land is not included in physical capital as it is not a reproducible product of human activity. |
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