Asked by Sophie Hansen on Jun 26, 2024

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China has invested heavily in turbine manufacturing and in 2009 had become the world's largest wind power market. The investment in turbine manufacturing is an example of ________ investment.

A) intangible capital
B) human capital
C) tangible capital
D) social capital

Turbine Manufacturing

The production process of turbines, which are rotary mechanical devices that extract energy from a fluid flow and convert it into useful work.

Tangible Capital

Physical assets possessed by a company that are used in its operations, such as machinery, buildings, and equipment.

Wind Power

The conversion of wind energy into a usable form of power, typically electricity, using wind turbines.

  • Determine the effect of infrastructure on economic growth.
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KL
Kierra LightfootJun 29, 2024
Final Answer :
C
Explanation :
Investing in turbine manufacturing involves spending on physical assets like machinery and equipment, which are examples of tangible capital.