Question

how human capital can be converted into physical capital?

Answer 1

Answer:

Physical capital implies the non-human assets of the company, such as plant and machinery, tools and equipment, office supplies etc. that help in the process of production. Human capital refers to stock of knowledge, talent, skills and abilities brought in by the employee, to the organization.

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Answer 2

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Physical capital implies the non-human assets of the company such as plant and machinery, tools and equipment, office supplies etc. that help in the process of production. Human capital refers to stock of knowledge, talents, skills and abilities brought in by the employee, to the organisation