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ECO/535 THE DIGITAL ECONOMYWEEK 2 DISCUSSION- LEGAL INFLUENCES ON ECONOMIC CONCENTRATIONDiscussion TopicPost a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students or your faculty member. Due ThursdayRespond to the following in a minimum of 175 words:Innovation and physical capital are 2 of the 4 factors of production. Discuss some specific ways that 1 of the following laws increased the productivity of 1 or both of these factors of production1862 Pacific Railway Act1956 Federal Aid Highway Act1946 Federal Airport ActWhat other examples of economic concentration can you share?What are the risks and advantages to economic concentration?How has economic concentration influenced your industry?
Hello Class-Physical Capital is tangible, man-made goods that assist in the process of creating a product or service. Such as machinery, buildings, offices or warehouse supplies, vehicles, and computers