ECONOMICS
HUMAN CAPITAL
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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machinery
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health of people
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education and knowledge
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None of the above
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Detailed explanation-1: -Cash, real estate, equipment, and inventory are examples of physical capital.
Detailed explanation-2: -Cash, real estate, equipment, and inventory are examples of physical capital.
Detailed explanation-3: -The machinery, buildings, office or warehouse supplies, vehicles, and computers that a company owns are all considered part of its physical capital.
Detailed explanation-4: -Equipment, machinery, computers, buildings, and other assets created by humans to produce goods or services from raw materials belong to the physical capital.
Detailed explanation-5: -It includes fixed capital and working capital. The tools, machines, buildings which can be used in production over many years are called fixed capital. Raw materials and money in hand are called working capital. Unlike tools and machines, these are used up in production.