Question

Name three types of capital. Instructions: In order to receive full credit, you must make a selection for each option. For correct answer(s), click the box once to place a check mark. For incorrect answer(s), click the option twice to empty the box. Physical capital Scientific capital Human capital Productive capital Social capital

Answer 1

The three types of from the options provided include:

• Physical capital
• Human capital
• Social capital

Step-by-step explanation:

Physical capital is a factor of production consisting of tangible properties that a company owns such as machinery, real estate and any other asset that is used to produce goods.

Human capital refers to the value that manpower contributes to production. It includes the labor, knowledge, creativity, skills and competences contributed by skilled and unskilled labor to the production of goods and services.

Social capital is the value that networks, strategic partnerships and relationships brings to an organization. It is proven that social capital drives economic growth of any organization.