Question
Differentiate between physical and human capital.
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S.No.
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Physical Capital
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Human Capital
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1
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Tangible can be sold in the market
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Intangible, built in the body and mind of its owner.
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2
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Can be separated from the owner
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Inseparable can’t be sold anywhere but only services can be sold.
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3
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Mobile between countries if trade restrictions followed
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Hardly mobile restricted by nationality.
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4
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Can be built only through imports and creates only private benefits
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It depends on a person’s choice whether he/ she wants to raise the earnings or not. It creates both private and social benefits.
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