No products in the cart.

Difference between human capital and physical …

CBSE, JEE, NEET, CUET

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

Difference between human capital and physical capital

Posted by Oben Pullom 5 years, 3 months ago

CBSE > Class 12 > Economics

1 answers

Yogita Ingle 5 years, 3 months ago

Physical Capital	Human Capital
Definition
The term ‘physical capital’ is used to indicate the data (factor of product) or man-made commodities, which are maintained by the firm such as machinery, computers, tools, equipment and many more. It is used in the manufacturing procedure to allow the change of raw material into finished goods	Human Capital implies the knowledge which a worker brings to the company in the manner of education, talents, abilities, talents, knowledge, preferences etc., which he or she has gathered over time. As a consequence, the employees are regarded as an asset, whose value can be enhanced, by spending in their coaching and improvement, like any other asset of the firm
The process of formation
Technical and economic	Conscious and social process
Is it tradable?
There is a possibility of trading physical capital in market	Only the services that are rendered by the human capital can be sold
Is it separable?
Separable from owner	Not separable
How does it depreciate?
Depreciation occurs due to continuous use	Depreciation occurs due to ageing and can be minimised to certain extent
Present in financial statement
Yes	No
Mobility Restriction
Due to presence of trade barriers	Due to culture and nationality

ANSWER

https://examin8.com

Test

Related Questions

Economic Reforms Since 1991 notes

Posted by Dipika Sharma 1 year, 4 months ago

CBSE > Class 12 > Economics

0 answers

Is inclusive growth Achievable for a developing country like India when exposed to the process of privatisation and globalization

Posted by Niangmuankim Vaiphei 1 year, 4 months ago

CBSE > Class 12 > Economics

0 answers

Industrial licensing was used to promote regional equality. Discuss

Posted by Niyati Garg 1 year, 4 months ago

CBSE > Class 12 > Economics

0 answers

What is deficit ?

Posted by Sakshi Singh 4 months, 1 week ago

CBSE > Class 12 > Economics

1 answers

why should the aggregate final expenditure of an economy be equal to the aggregate factor payment

Posted by Nandita Sharma 1 year, 5 months ago

CBSE > Class 12 > Economics

1 answers

Trends in credit availability

Posted by Shruti Singh 1 year, 5 months ago

CBSE > Class 12 > Economics

0 answers

What is receipt?

Posted by Geeta Gautam 1 year, 4 months ago

CBSE > Class 12 > Economics

0 answers

Economics project on function of RBI

Posted by Mehar Ansari 1 year, 4 months ago

CBSE > Class 12 > Economics

0 answers

Explain the limitation of GDP as wellfare

Posted by Naman Jain 1 year, 4 months ago

CBSE > Class 12 > Economics

1 answers

Two types of marke diagram and explanation

Posted by Rijum Karlo 1 year, 4 months ago

CBSE > Class 12 > Economics

0 answers

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Google Play

Download myCBSEguide App