Economy, asked by pankaj9840, 1 year ago

which capital would you consider the best physical capital or human capital and why

Answers

Answered by sonali1620
4
Hello!!! mate here is your answer

people who are a part of the work force are called human resource. By contributing in productivity the human resource plays a significant role in the economy of the country. Any other resources become useful only because of the input by the human resource.

Investment in human capital yields a return like investment in other resources.
All the activities is done by by the human resource . human is a type of capital because it contribute their income and contribute itself for the development of the country

Hope it's help you dear

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Answered by aparnahvijay
1

Answer:

Physical capital consists of manmade goods that assist in the production process. ... Physical capital is recorded on the balance sheet as an asset at historical cost, not market value. As a result, the book value of assets is generally higher than market value. Accountants refer to physical capital as a tangible asset.

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