Question:
Which of the following statements is false?
Which of the following statements is false?
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Compare what physical capital and natural capital each mean.
Updated On: Jul 3, 2026
- Mutual understanding is a type of social capital.
- Knowledge about how to operate a machine is intangible capital.
- Physical capital is synonymous with natural capital.
- Education is an investment in human capital.
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The Correct Option is C
Solution and Explanation
Step 1: Social capital covers trust, networks and mutual understanding among people, so option 1 is true. Step 2: Human capital includes skills and knowledge, so knowing how to operate a machine is intangible human capital, making option 2 true. Step 3: Physical capital means man-made tools, machines and buildings, while natural capital means land, water and other natural resources. These are two separate categories, so option 3 is false. Step 4: Education builds skills and is a standard example of investment in human capital, so option 4 is true. The false statement is option 3.
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