DEFINE THE FOLLOWING TERMS1-HUMAN CAPITAL2=FIXED CAPITAL3-WORKING CAPI

1.	DEFINE THE FOLLOWING TERMS1-HUMAN CAPITAL2=FIXED CAPITAL3-WORKING CAPITAL
Answer» Answer: The TOOLS, machines, buildings which can be used in production over many years are CALLED FIXED capital. Working capital: Production requires a variety of RAW materials. ... This is KNOWN as human capital, which enables better production with human skill and knowledge.

DEFINE THE FOLLOWING TERMS1-HUMAN CAPITAL2=FIXED CAPITAL3-WORKING CAPITAL

Answer»

Answer:

The TOOLS, machines, buildings which can be used in production over many years are CALLED FIXED capital. Working capital: Production requires a variety of RAW materials. ... This is KNOWN as human capital, which enables better production with human skill and knowledge.

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DEFINE THE FOLLOWING TERMS1-HUMAN CAPITAL2=FIXED CAPITAL3-WORKING CAPITAL

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