Question

deference between physical capital and human capital​

Answer 1

Physical capital consists of inanimate assets such as cash, job site equipment, property, and inventory. It can be of two types physical capital or human capital. Physical capital includes man-made goods that are used in the process of production for converting raw material to finished goods. However, a new concept of human capital has been introduced as well. It is not tangible and cannot be sold in the market because it is naturally built in the mind and body of its owner, only the services of human capital can be sold. While human capital can be difficult to measure, the impact of investments in human capital can be measured and analyzed with the same ratios used to measure and analyze the investment performance of physical assets. It includes skills, talents, abilities, intelligence, wisdom, judgement, experience and training which can be possessed by an individual or a group.

Answer 2

Answer:

Human capital

Human capital is a concept used by human resource professionals to designate personal attributes considered useful in the production process. It encompasses employee knowledge, skills, know-how, good health, and education, to name a few.

physical:

Physical capital consists of inanimate assets such as cash, job site equipment, property, and inventory. It can be of two types physical capital or human capital. Physical capital includes man-made goods that are used in the process of production for converting raw material to finished goods. However, a new concept of human capital has been introduced as well. It is not tangible and cannot be sold in the market because it is naturally built in the mind and body of its owner, only the services of human capital can be sold. While human capital can be difficult to measure, the impact of investments in human capital can be measured and analyzed with the same ratios used to measure and analyze the investment performance of physical assets. It includes skills, talents, abilities, intelligence, wisdom, judgement, experience and training which can be possessed by an individual or a group.