Practicing Success
Practicing Success
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| Continuous investment in education, health, etc. of a particular person facilitates him to cope with change in technology. Does continuous investment in same machine helps it to cope with technological change? |
Yes No Maybe Can’t say |
| No |
| Continuous use of machine leads to depreciation and change of technology makes a machine obsolete. Continuous investment in human capital in form of health, education, etc. facilitates the human capital to cope with change in technology which is not the case with physical capital. |
