Given below are some statements. Read them carefully and choose the correct statement (s) from the given options.
Statement 1: The concept of human capital is the base for conceptualising physical capital.
Statement 2: There are some similarities and some striking dissimilarities between the human capital and physical capital
Answer & explanation
Correct answer: option 2
The correct answer is option 2: Only Statement 2 is correct.
Statement 1: The concept of human capital is the base for conceptualising physical capital. This is false. The concept of physical capital is the base for conceptualising human capital.
Statement 2: There are some similarities and some striking dissimilarities between the human capital and physical capital. This is true.