Distinguish between human capital and physical capital
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Differences Between Physical Capital and Human Capital. ... Physical capital is tangible in nature, i.e. it can be seen and touched. Unlike human capital is intangible, that can only be experienced. The creation of physical capital is an economic and technical process.
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Human Capital It is the ability and knowledge of the human to make a raw material into a useful material.It helps in improving technology and advancement.
Physical Capital- It is also known as labour capital.In this capital the human are expected to do the some physical work according to their needs and requirements.
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