Question

Distinguish between physical and human capital

Answer 1

The substantial differences between physical capital and human capital are : Physical capital is used to mean, the company's non- human assets like plant and machinery, building, computers, office supplies etc. That assist in the production of goods and services.

Answer 2

The main difference  between human capital and physical capital is human capital is intangible and physical capital is tangible
physical capital increases the physical goods whereas human capital increases knowledge and efficiency
physical capital creates only private benefits whereas human capital creates both private as well as social benefits