Economy, asked by mishraaadya07, 10 months ago

Differentiation between physical capital and human capital.

Answers

Answered by rituverma12345
12

Answer:

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 organization.

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Answered by monisha99
9

Explanation:

physical capital is divided into three categories:-

1). fixed capital

2).working capital

3).human capital

defination of physical capital is variety of input at every stage like tools, raw materials, etc .

defination of human capital is knowledge and enterprise required to put together land , labour and physical capital to produce an output.Human capital is also known as human resources.

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