Topics: CH-4: HUMAN CAPITAL FORMATION IN INDIA, Indian Economic Development, NCERT Books

Physical vs Human Capital: Tangibility

Question

Physical capital is tangible while human capital is:

Select an answer

Physical capital is tangible while human capital is:

  1. Also tangible
  2. Intangible — Correct Answer
  3. Partially tangible
  4. Neither tangible nor intangible
Explanation:
Correct Answer Explanation

Physical capital is tangible and can be sold in the market. Human capital is intangible — endogenously built in the body and mind of its owner.

Key Points:
  • Human capital is not sold in the market; only its services are sold.
  • Physical capital is separable from its owner; human capital is inseparable.

📚 About this Topic — CH-4: HUMAN CAPITAL FORMATION IN INDIA

This multiple choice question is from CH-4: HUMAN CAPITAL FORMATION IN INDIA, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-4: HUMAN CAPITAL FORMATION IN INDIA to strengthen your preparation.

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