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Human capital and physical capital both serve as essential assets for driving productivity and economic growth. They both require investment to develop—human capital through education and training, and physical capital through machinery and infrastructure. Additionally, both types of capital can depreciate over time; human capital may diminish without ongoing learning, while physical capital can wear out or become obsolete. Ultimately, both contribute to a firm's ability to produce goods and services efficiently.
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What is the difference between physical and human capital?
well human capital is humanlized and physical is acremation
What is a benefit of using both physical capital and human capital?
Physical capital is the things that you process and are important building tools. It takes human capital to put them together and make them work.
What are two types of capital in economic?
Human and machinery.
Define and explain the four factors of production landlaborphysical capitalhuman capital?
Define factor of production land ,labour,physical capital ,human capital?
What is meant by the term human-capital differences?
Human-capital differences reflect how people invest various amounts of both their physical and mental capacities toward the achievement of specific goals.
What is the difference between physical and human capital?
well human capital is humanlized and physical is acremation
What are the bone similarities between a human and a kangaroo?
similarities between kangaroo and human
Difference between human capital and physical capital?
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.
What are the determinants of production?
physical capital human capital & technology
What is a benefit of using both physical capital and human capital?
Physical capital is the things that you process and are important building tools. It takes human capital to put them together and make them work.
What are the similarities between human and pig anatomy?
There are very many similarities
Similarities of human geography and physical geography?
they both eat and sleep and drink
What is the relationship between human capital and GDP?
it is that the human capital is one thing and the gdp is another thing.
What are two types of capital in economic?
Human and machinery.
What is the relationship between capital goods and human capital?
Capital goods are generally man-made, and do not include natural resources such as land or minerals, or "human capital" - the intellectual and physical skills and labor provided by human workers.
What are the Similarities between brook and human life?
mnmh
What the the four factors of economic growth?
Physical capital, human capital, natural capital & technological change.
