Physical capital refers to the man-made resources that are used in the production of goods and services. These resources can be tangible or intangible. The tangible resources include buildings, machines, tools, raw materials, and finished goods. The intangible resources include patents, copyrights, trademarks, and other forms of intellectual property.


Human capital refers to the knowledge, skills, and abilities that people possess. This includes their education, training, experience, and other personal characteristics that make them valuable in the workplace. Human capital is an important factor in economic growth and development, as it allows individuals to contribute to the productive capacity of a nation.


There are several key differences between physical capital and human capital:

• Physical capital is a tangible resource, while human capital is intangible.


• Physical capital can be bought and sold, while human capital cannot.


• Physical capital has a finite lifespan, while human capital can continue to grow and develop throughout a person's life.


• Physical capital is subject to wear and tear and can become outdated, while human capital can be updated and improved through education and training.


• Physical capital is an important factor in production, while human capital is an important factor in innovation and creativity.

Both physical capital and human capital are important for economic growth and development. Physical capital is necessary for the production of goods and services, while human capital is necessary for innovation and creativity. A nation that invests in both physical and human capital is more likely to experience sustained economic growth and development. By investing in education and training programs, a nation can develop its human capital and create a skilled workforce that can contribute to the productive capacity of the nation. By investing in infrastructure and other physical capital, a nation can improve its productive capacity and create an environment that is conducive to economic growth and development.

Physical capital is a capital regarding crop's irrigation, fertilizers, soil type, rain etc while
human capital means labour work, protection.. etc
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