Final answer:
The machinery used to produce goods or services is an example of physical capital, which refers to the amount and type of machinery and equipment available to help produce goods or services.
Step-by-step explanation:
The machinery used to produce goods or services is an example of physical capital. Physical capital refers to the amount and type of machinery and equipment that is available to help produce goods or services. It includes things like plant and equipment, as well as infrastructure such as roads and electricity.
For example, in a manufacturing company, the machines used on the production line are physical capital. Similarly, in a restaurant, the kitchen equipment like stoves, ovens, and refrigerators are physical capital.
By investing in physical capital, businesses can increase their productivity and output, leading to economic growth and development.