Practicing Success
Machines depreciates through _________ whereas human capital depreciates through _______. Which of the following option suits best in the above blank? |
Ageing, continuous use Continuous use, ageing Ageing, ageing Use, obsoleteness |
Continuous use, ageing |
Continuous use of machine leads to depreciation and change of technology makes a machine obsolete. In the case of human capital, depreciation takes place with ageing but can be reduced, to a large extent, through continuous investment in education, health, etc. |