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

Answer» <html><body><p><strong>Answer:</strong></p><p>The <a href="https://interviewquestions.tuteehub.com/tag/tools-25672" style="font-weight:bold;" target="_blank" title="Click to know more about TOOLS">TOOLS</a>, machines, buildings which can be used in production over many years are <a href="https://interviewquestions.tuteehub.com/tag/called-907796" style="font-weight:bold;" target="_blank" title="Click to know more about CALLED">CALLED</a> <a href="https://interviewquestions.tuteehub.com/tag/fixed-457597" style="font-weight:bold;" target="_blank" title="Click to know more about FIXED">FIXED</a> capital. Working capital: Production requires a variety of <a href="https://interviewquestions.tuteehub.com/tag/raw-613057" style="font-weight:bold;" target="_blank" title="Click to know more about RAW">RAW</a> materials. ... This is <a href="https://interviewquestions.tuteehub.com/tag/known-534098" style="font-weight:bold;" target="_blank" title="Click to know more about KNOWN">KNOWN</a> as human capital, which enables better production with human skill and knowledge.</p></body></html>


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