Types of capital Flashcards
is a set of shared values or resources that allows individuals to work
together in a group to effectively achieve a common purpose.
Social capital
What are the types of capital?
Social capital, Human capital, and Financial capital
is any economic resource measured in terms of money used by
entrepreneurs and businesses to buy needs to make the products or to facilitate
services.
Financial capital
It is the network of
relationships among people who live and work in a business or company workplace.
Social capital
it indicates attributes possessed by individuals like personality,
education, intelligence and job experience and other things that employer’s value such
as loyalty and punctuality.
Human capital
It refers to the economic value of a worker’s experience and
skills.
Human capital