alleryWhy is human capital distinct from physical plant and equipment?
AIt is intangible
BIt is depreciated
CIt is commercial
DIt is consumable
Answer & Solution
Correct answer: A. It is intangible
Human capital is an intangible personal asset not legally owned by employing firms.
Keep practising India: Human Resources
Browse all India: Human Resources questions for ICSE Class 8, or explore more Geography topics.
Related questions
Acquiring greater human capital directly produces what economic impact?Which economist described consumption as investment in human capital?How many major language families are represented across India?How many languages are listed in the Constitution's Eighth Schedule?What percentage of Indians spoke Hindi natively at the 2001 census?How many females per 1,000 males were recorded in India's 2011 census?What share of the Indian population lived in towns in the 2001 census?According to the 2001 census, what percentage of Indians lived in villages?