Economy, asked by vishalmaity042, 7 months ago

explain any five types of capital?​

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Answered by vaibhavikaravdara
0

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Answered by Anonymous
1

Answer:

There are five kinds of capital: financial, natural, produced, human, and social.

Natural capital is the world's stock of natural resources, which includes geology, soils, air, water and all living organisms.

Financial capital is any economic resource measured in terms of money used by entrepreneurs and businesses to buy what they need to make their products or to provide their services to the sector of the economy upon which their operation is based, i.e. retail, corporate, investment banking, etc.

Productive-capital refers to the physical capital – both the means of production and the labour-power – advanced and consumed in the production process. The means of production consist of both fixed and circulating capital.

Human capital is the stock of habits, knowledge, social and personality attributes embodied in the ability to perform labour so as to produce economic value.

Social capital is the effective functioning of social groups through interpersonal relationships, a shared sense of identity, a shared understanding,

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