An Example of Physical Capital Is

question 32

Multiple Choice

An example of physical capital is

• A) a well-run government.
• B) a well-developed banking system.
• C) skilled labor.
• D) paved roads.
• E) educated teachers.

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Definitions:

Boston

A historic city in Massachusetts, United States, known for its significant role in the American Revolution, including events such as the Boston Tea Party.

Louisbourg

A historic site located in Nova Scotia, Canada, famous for its 18th-century fortress which played a significant role in the Franco-British colonial conflicts in North America.

Colonial Assemblies

Legislative bodies established in the various colonies to represent the interests of colonists and to govern local affairs, often challenged or limited by the colonial powers.

Encroachment

The act of gradually and illegally taking over or intruding on the rights, property, or territory of another, often leading to disputes.