Which of the Following Would Not Be Considered Physical Capital

question 135

Multiple Choice

Which of the following would not be considered physical capital?

• A) An axe
• B) Fertile soil
• C) A factory
• D) A forklift

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Definitions:

Authority to Tax

The legal and constitutional power granted to government entities to collect tariffs, duties, and taxes from individuals or organizations.

Elected Representative

An individual chosen through elections to act or speak on behalf of a larger group in a legislative or governmental capacity.

Parliament

A legislative body in a country that holds the authority to create laws and, often, to oversee the government.

Hessians-German Soldiers

German troops hired by the British to fight in the American Revolutionary War, known for their discipline and effectiveness in battle.