Social Sciences, asked by komi30, 11 months ago

differentiate between human resource and physical capital.

Answers

Answered by kumarv98966
1

Answer:

In economics, physical capital refers to a factor of production (or input into the process of production), such as machinery, buildings, or computers. In economic theory, physical capital is one of the three primary factors of production, also known as inputs production function.

Human resources are the people who make up the workforce of an organization, business sector, or economy. "Human capital" is sometimes used synonymously with "human resources", although human capital typically refers to a narrower effect (i.e., the knowledge the individuals embody and economic growth).

Answered by ashokgodascis
2

Explanation:

Human as a resource satisfy others need. for an example if learning science is my need then a teacher is a resource for me.

Physical capital consist of Fixed and working capital. like Machinery that used in a factory is a fixed asset that used in production.

working capital is money in ur hand that you use to start an enterprise or business.

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