Question

differciate between physical capital and human capital​

Answer 1

BASIS FOR COMPARISON PHYSICAL CAPITAL HUMAN CAPITAL

Meaning Physical capital implies the non-human assets of the company, such as plant and machinery, tools and equipment, office supplies etc. that help in the process of production. Human capital refers to stock of knowledge, talent, skills and abilities brought in by the employee, to the

Answer 2

Answer:

Physical capital:-

Meaning  =   physical capital implies the non-human assets of the company, such as plant and machinery, tools and equipment, office supplies etc. that help in the process of production

Nature=Tangible

Formation=Economic and technical process

Human capital:-

Meaning =  human capital   refers to stock of knowledge, talent, skills and abilities brought in by the employee, to the organization.

Nature= Intangible

Formation= Social process and conscious decision of the possessor.