Question

How is investment in human capital similar to investment in physical capital and land .​

Answer 1

Answer:

Human capital and physical capital are similar because of the fact that the development of both human capital and physical capital require an initial amount of investment, for example, to acquire human capital we spend on education, training, etc. Similarly, we need to spend money in order to possess physical capital.

Answer 2

The investment on human is same as the investment on land and capital is a correct statement. If human capital investments are developed in the context of education and health, it can eventually add value to the human resource, thus, it can also bring improvements to other resources.