4 human capital examples for a beauty supply business

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Explanation:

Capital - includes three categories:

Physical capital - any produced resource that is used in the production of other goods and services, including equipment, tools, machinery, factories and buildings.

Human capital - the knowledge and skills a worker gains through education and experience.  A college degree, training, on-the-job experience are all examples of human capital.

Liquid capital - is money that can be used to purchase the other needed factors of production.

Entrepreneurship - Entrepreneurs are those who organize land, labor, and capital to make goods and services.  A business often succeeds or fails relative to the ability of the entrepreneur.  Entrepreneurs assume the risk for the business in order to seek further profit.

Land - Land includes all natural resources, minerals and other raw materials.  In other words, land consists of all “gifts of nature,” including mineral deposits, water, arable land (land that can be cultivated), natural forests & vegetation (not cultivated by man), marine resources, other animal life, and the atmosphere.  These resources all tend to be scarce.

Labor - Labor is the effort that a worker devotes to the task of production.

the rebels’ chances of victory at lexington & concord were fairly slim, given the fact that most of them very untrained and they were up against the world's greatest military force.