A house that is owned by an individual is referred to as human capital, whereas a house that is owned by a corporation is referred to as nonhuman capital.

Question

Quizplus · Accepted Answer

Human capital refers to the economic value of a worker's experience and skills, including things like education, training, intelligence, skills, health, and other things employers value such as loyalty and punctuality. The ownership of a house, whether by an individual or a corporation, is considered a form of physical or tangible capital, not human capital.

A House That Is Owned by an Individual Is Referred