Question

Differentiate between human capital and physical capital

Answer 1

Here you go -

Physical capital consists of manmade goods that assist in the production process.

Physical capital is recorded on the balance sheet as an asset at historical cost, not market value. As a result, the book value of assets is generally higher than market value. Accountants refer to physical capital as a tangible asset.

.........

Human capital is the stock of knowledge, habits, social and personality attributes, including creativity, embodied in the ability to perform labor so as to produce economic value.

The characteristics of human capital can include experience, education, training, and health. It is important to invest in human capital as it is one of the most important aspect of business. Businesses can measure human capital in a variety of ways to make sure investments are paying off and value is being added.

◾️◾️◾️◾️◾️◾️◾️◾️

Please mark it as brainliest

Answer 2

Answer:

Explanation:

   

Physical    capital           Human    Capital

 

   

Tangible                   can be sold in the market

   

   

Intangible,                        built in the body and mind of its owner

 

   

Can be                             separated from the owner

 

   

Inseparable,                          cannot be sold anywhere    

 

   

Can be                       built only through imports and creates only private benefits

 

   

It depends    on person’s choice whether he wants to the earnings or not.It    create both private and social benefits.