difference between land and capital. name any two sources of human capital formation.
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land is natural resource capital is money two resources are money and for daily food
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Land is a limited resource .
Capital is the variety of inputs required at every stage of production like tools,machines,money etc.
Sources of human capital formation
1)proper medical care of citizens
2)high level education for better output
Capital is the variety of inputs required at every stage of production like tools,machines,money etc.
Sources of human capital formation
1)proper medical care of citizens
2)high level education for better output
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