what is Human capital and physical capital
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Explanation:
the substantial differences between physical capital and human capital are outlined below: Physical Capital, is used to mean, the company’s non-human assets like plant and machinery, building, computers, office supplies etc. that assist in the production of goods and services. Physical capital is tangible in nature, i.e. it can be seen and touched.
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When investment is made in the form of education, training and medical care, the quality of the population improves and become a great asset it is called human capital.
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