Human capital is the improvement in _____ produced by _____.

Question

Quizplus · Accepted Answer

Human capital refers to the knowledge, skills, and abilities possessed by individuals, which can be used to create economic value. Therefore, the improvement in labor (human capital) is produced by education and knowledge. While physical capital (A) and management (D) are important factors in economic growth, they are not included in the definition of human capital. And although physical capital can certainly enhance the productivity of labor (C), it is not what is meant by human capital.

Human Capital Is the Improvement in _____ Produced by _____

Human Capital Is the Improvement in _ Produced by _