Question

explain any 3 Physical capital and human capital ​

Answer 1

Answer:

(i) Physical capital has variety of inputs while human capital is labors, using those inputs. (ii) Tools, machines can be used over the years while human capital can produce output only if they have experience. (iii) Example : Physical Capital includes tools, machines, generators, etc.

Answer 2

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(i) Physical capital has variety of inputs while human capital is labors, using those inputs. (ii) Tools, machines can be used over the years whilehuman capital can produce output only if they have experience. (iii) Example :Physical Capital includes tools, machines, generators, etc.

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