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Human capital is similar to physical capital because
  • a)
    Raise nation’s ability to produce goods and services
  • b)
    They are produced factor of production
  • c)
    Both
  • d)
    none
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Human capital is similar to physical capital becausea)Raise nation&rsq...
Al income
b)Both can be invested in and have a return on investment
c)Both are necessary for economic growth
d)All of the above

Answer: d) All of the above.
Community Answer
Human capital is similar to physical capital becausea)Raise nation&rsq...
Physical capital consists of tangible, man-made objects that a company buys or invests in and uses to produce goods.
Human Capital includes labor and other resources that humans can provide—education, experience or unique skills—that contribute to the production process.
Human capital and physical capital accumulation are similar: In both cases, investment pays off in longer-term productivity in the future.
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Human capital is similar to physical capital becausea)Raise nation’s ability to produce goods and servicesb)They are produced factor of productionc)Bothd)noneCorrect answer is option 'C'. Can you explain this answer?
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