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Subjects
Class 11Home ScienceWork, Livelihood and CareerWork, careers and livelihoodExpertLevel 5

What is the correct difference between financial capital and physical capital?

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Answer and explanation

Correct answer: Financial capital is money or savings and physical capital is tools or equipment

Different capitals play different roles in livelihood. In exams remember capital types with examples.

Tags

financial-capitalphysical-capitallivelihood-assets

Frequently asked questions

What is the correct answer to this question?

Financial capital is money or savings and physical capital is tools or equipment

Why is this the correct answer?

Different capitals play different roles in livelihood. In exams remember capital types with examples.

Which subject and chapter does this question cover?

This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Work, careers and livelihood.

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