Question

Explain about the capitals – land, labour, physical capital and human capital. Among these capitals

which would you consider best? Why?​

Answer 1

Explanation:

Human capital is considered the best when compared to land, labour and physical capital. It is only the human resource that utilises other resources like land and investments which cannot become beneficial on their own.

Physical capital consists of man-made goods (or input into the process of production) that assist in the production process. Cash, real estate, equipment, and inventory are examples of physical capital. Capital goods represents one of the key factors of corporation function.

It can be classified as the economic value of a worker's experience and skills. This includes assets like education, training, intelligence, skills, health, and other things employers value such as loyalty and punctuality. The concept of human capital recognizes that not all labor is equal.

Answer 2

Answer:

• girl and capital can be defined as the amount of land of the sufficient land owner of industrialist need for the development of industrialisation...
• LABOUR CAPITAL CAN DEFINE AS THE LIVER WHICH INDUSTRIAL OWNERS NEED FOR MANUFACTURING THE OBJECT IN THEIR INDUSTRY AND DELIVER FACTOR IS ONE OF THE IMPORTANT TERMS RELATED TO THE CAPITAL
• the physical capital can define in account of work which level can do means for example you can take if you will hear labour whose physical growth is not so good then he will not do the work as much you want to do him in routing in or in a schedule
• meaning of human capital is that the amount of skill development for good living human behaviour that a person of specific place have...

ACCORDING TO ME THE HUMAN CAPITAL IS THE BEST RESOURCES FOR DIGITALISATION BECAUSE IF YOU HAVE ALL THE CAPITAL BUT IF YOU DON'T HAVE MUCH MORE SKILLED LABORERS THAN YOU CAN'T DO ANYTHING BUT AT A PLACE ALL THE CAPITALS ARE NECESSARY IN THEIR OWN CATEGORY......