How does human capital,natural capital , financial capital ,physical capital , social capital influence to each other?
Answers
Answer:
There are five types of sustainable capital from where we derive the goods and services we need to improve the quality of our lives.
How to use the Five Capitals model
The Five Capitals Model can be used to allow organisations to develop a vision of what sustainability looks like for its own operations, products and services. The vision is developed by considering what an organisation needs to do in order to maximise the value of each capital. However, an organisation needs to consider the impact of its activities on each of the capitals in an integrated way in order to avoid ‘trade-offs’. Using the model in this way for decision-making can lead to more sustainable outcomes.
Sustainable development is the best way to manage these capital assets in the long-term. It is a dynamic process through which organisations can begin to achieve a balance between their environmental, social and economic activities. We believe the best way to achieve a sustainable future is through system change.
Systems change for sustainability
Natural Capital is any stock or flow of energy and material that produces goods and services. It includes:
Resources - renewable and non-renewable materials
Sinks - that absorb, neutralise or recycle wastes
Processes - such as climate regulation
Natural capital is the basis not only of production but of life itself!
Human Capital consists of people's health, knowledge, skills and motivation. All these things are needed for productive work.
Enhancing human capital through education and training is central to a flourishing economy.
Social Capital concerns the institutions that help us maintain and develop human capital in partnership with others; e.g. families, communities, businesses, trade unions, schools, and voluntary organisations.
Manufactured Capital comprises material goods or fixed assets which contribute to the production process rather than being the output itself – e.g. tools, machines and buildings.
Financial Capital plays an important role in our economy, enabling the other types of Capital to be owned and traded. But unlike the other types, it has no real value itself but is representative of natural, human, social or manufactured capital; e.g. shares, bonds or banknotes.
We are facing a sustainability crisis because we're consuming our stocks of natural, human and social capital faster than they are being produced. Unless we control the rate of this consumption, we can't sustain these vital stocks in the long-term.
We believe that by maintaining and trying to increase stocks of these capital assets, we can live off the income without reducing the capital itself. But for this to happen, it is the responsibility of every organisation, business or otherwise, to manage these capital assets sustainably.
The Twelve Features of a sustainable society
By describing what a sustainable society should look like, the ‘12 features’ model helps organisations evaluate the sustainability of their projects.
The features fit into the separate five capitals. If we invest appropriately in all capital stocks, and achieve the flow of benefits, the following statements would be true. They represent the outcome of a successful capital investment strategy for sustainable development - that is, a sustainable society.
of Natural Capital
In their extraction and use, substances taken from the earth do not exceed the environment's capacity to disperse, absorb, recycle or otherwise neutralise their harmful effects (to humans and/or the environment)
In their manufacture and use, artificial substances do not exceed the environment's capacity to disperse, absorb, recycle or otherwise neutralise their harmful effects (to humans and/or the environment)
The capacity of the environment to provide ecological system integrity, biological diversity and productivity is protected or enhanced
of Human Capital
At all ages, individuals enjoy a high standard of health
Individuals are adept at relationships and social particip
Explanation:
f(x) = kx³ – 8x² + 5
Roots are α – β , α & α +β
Sum of roots = – (-8)/k
Sum of roots = α – β + α + α +β = 3α
= 3α = 8/k
= k = 8/3α
or we can solve as below
f(x) = (x – (α – β)(x – α)(x – (α +β))
= (x – α)(x² – x(α+β + α – β) + (α² – β²))
= (x – α)(x² – 2xα + (α² – β²))
= x³ – 2x²α + x(α² – β²) – αx² +2α²x – α³ + αβ²
= x³ – 3αx² + x(3α² – β²) + αβ² – α³
= kx³ – 3αkx² + xk(3α² – β²) + k(αβ² – α³)
comparing with
kx³ – 8x² + 5
k(3α² – β²) = 0 => 3α² = β²
k(αβ² – α³) = 5
=k(3α³ – α³) = 5
= k2α³ = 5
3αk = 8 => k = 8/3α
(8/3α)2α³ = 5
=> α² = 15/16
=> α = √15 / 4