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human capital this refers to the accumulated knowledge while physical capital refers to machines, buildings, etc.

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11y ago
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2w ago

Human capital refers to the knowledge, skills, and attributes that individuals possess, including education and experience that contribute to their productivity. Physical capital, on the other hand, refers to tangible assets such as machinery, equipment, and infrastructure that are used in the production process. While human capital is intangible and resides within individuals, physical capital is tangible and can be seen and touched.

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Q: Difference between human capital and physical capital?
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Related questions

What is the difference between physical and human capital?

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