In 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 YfK, 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. Kilauea Mount Etna Mount Yasur Mount Nyiragongo and Nyamuragira Piton de la Fournaise Erta Ale. We would like to show you a description here but the site wont allow us. Home Adam smith capital asset depreciation durable economics s nonrenewable resource physical capital production service stock. Watch Ludovic II: Un Crocodile Dans Mon Jardin Online For Free' title='Watch Ludovic II: Un Crocodile Dans Mon Jardin Online For Free' />9781434466518 1434466515 The Blue Poetry Book, Andrew Lang 9781434467294 1434467295 Lismoyle An Experiment in Ireland, B. M. Croker 9781436871693 1436871697 Historic. 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. Download Full White Morning.