Question

explain human capital formation and physical capital formation

Answer 1

Answer:

here's ur answer dude

Explanation:

Human capital Formation. It refers to additional investments made in the form of sophisticated tools and Types of machinery. Human capital formation implies additions to the skills, knowledge of the individuals. It leads to all around develepmont

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Answer 2

Explanation:

Human capital Formation. It refers to additional investments made in the form of sophisticated tools and Types of machinery. Human capital formation implies additions to the skills, knowledge of the individuals. It leads to all around develepmont

Physical capital consists of tangible, man-made objects that a company buys or invests in and uses to produce goods. Physical capital items, such as manufacturing equipment, also fall into the category of fixed capital, meaning they are reusable, and not consumed during the production process.

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