Question

What is capital, fixed capital and human capital

Answer 1

Answer:

In finance and accounting, capital generally refers to financial wealth, especially that used to start or maintain a business. In classical economics, capital is one of the four factors of production. The others are land, labor and organization.

In economics and accounting, fixed capital is any kind of real, physical asset that is used in the production of a product but is not used up in the production.

Human capital refers to the production factors, coming from human beings, we use to create goods and services. Our knowledge, skills, habits, and social and personality attributes all form part of the human capital that contributes to the creation of goods and services. Our creativity also contributes.

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Answer 2

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Capital:-Capital is a term for financial assets, such as funds held in deposit accounts and/or funds obtained from special financing sources.

Human Capital:-Human capital is the stock of habits, knowledge, social and personality attributes (including creativity) embodied in the ability to perform labour so as to produce economic value

Fixed Capital : Fixed capital is capital or money that we invest in fixed assets. In other words, money that we invest in assets of a durable nature.

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