What is capital, fixed capital and human capital?
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Answer:
Capital mean money
And.fixed capital means we use same machine of tools year by year.And human capital mean when human become capital by adding education or health in it.
Explanation:
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- Capital is a term for financial assets, such as funds held in deposit accounts and/or funds obtained from special financing sources.
- 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.
- 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
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