InterviewSolution
Saved Bookmarks
InterviewSolution
| 1. |
What is difference between Physical Capita and Human Capital |
| Answer» Physical Capital(i)\tIt increases physical goods.(ii)\tIt is a economic and technical process.(iii)\tPhysical capital is tangible.\t(iv)\tIt can be sold in the market.\t(v)\tThe physical capital is separable from its owner.\t(vi)\tPhysical capital formation can be built even through imports.\tHuman Capital\t(i)\tIt increases knowledge and efficiency.(ii)\tIt is partly a social process.\t(iii)\tHuman capital is intangible.\t(iv)\tIt can’t be sold in the market.\t(v)\tHuman capital is not separable from its owner.\t(vi)\tHuman capital formation is to be done through conscious policy formulations. | |