What are three differences between phisical and human capital
Answers
Answered by
3
physical_ it increace physical goods
2. it is a economic and physical process
3. it can be sold in the market
human capital--1. it increase knowledge and efficiency
2. it is partly a social process
3. it cant be sond in the market .....
2. it is a economic and physical process
3. it can be sold in the market
human capital--1. it increase knowledge and efficiency
2. it is partly a social process
3. it cant be sond in the market .....
Answered by
1
Physical Capital
(i) It increases physical goods.
(ii) It is a economic and technical process.
(iii) Physical capital is tangible.
(iv) It can be sold in the market.
(v) The physical capital is separable from its owner.
(vi) Physical capital formation can be built even through imports.
Human Capital
(i) It increases knowledge and efficiency.
(ii) It is partly a social process.
(iii) Human capital is intangible.
(iv) It can’t be sold in the market.
(v) Human capital is not separable from its owner.
(vi) Human capital formation is to be done through conscious policy formulations.
please mark as brainliest if you like my answer
thanks
(i) It increases physical goods.
(ii) It is a economic and technical process.
(iii) Physical capital is tangible.
(iv) It can be sold in the market.
(v) The physical capital is separable from its owner.
(vi) Physical capital formation can be built even through imports.
Human Capital
(i) It increases knowledge and efficiency.
(ii) It is partly a social process.
(iii) Human capital is intangible.
(iv) It can’t be sold in the market.
(v) Human capital is not separable from its owner.
(vi) Human capital formation is to be done through conscious policy formulations.
please mark as brainliest if you like my answer
thanks
Similar questions