Music, asked by SSARAGI, 1 year ago

What are three differences between phisical and human capital

Answers

Answered by mala3
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 .....



Answered by edwinthomas060
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.

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