Question

differentiate between physical and human capital.

Answer 1

Hlo friend.. Cutiepie Here..

Here is ur answer :

Difference between physical and human capital are given below :

PHYSICAL CAPITAL :

1. Tangible can be sold in the market.

2. Can be separated from the owner.

3. Mobile between countries if trade restrictions followed.

4. Can be built only through imports and creates only private benefits.


HUMAN CAPITAL :

1. Intangible, built in the body and mind of its owner.

2. Inseparable can't be sold anywhere but only services can be sold.

3. Hardly mobile restricted by nationality.

4. It depends on persons choice whether he / she wants to raise the earnings on not. It creates both private and social benefits.

HOPE IT HELPS YOU..