Question

distinguish between human and physical capital​

Answer 1

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

Explanation:

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Answer 2

Human capital

human capital implies the knowledge which a worker brings to the company in the manner of education, talents, abilities, talents, knowledge, preferences etc., which he or she has gathered over time. As a consequence, the employees are regarded as an asset, whose value can be enhanced, by spending in their coaching and improvement, like any other asset of the firm.

The notion makes it obvious that all the workers at the job, are unequal, and they contrast in their skill-fullness.

Physical capital

Physical capital is referred to as being one of the three main factors in the production process. Physical capital consists of items like machinery, buildings, equipment.

Physical capital includes man made goods that are used in the process of production for converting raw material to finished goods. Any new project requires a significant amount of investment in physical capital.