In ________ systems,there is less opportunity to develop human capital as compared to ________ systems,but there is greater incentive for such investment through higher monetary rewards.

Question

Quizplus · Accepted Answer

In capitalist systems, there is greater emphasis on monetary rewards and individualistic competition, which creates a stronger incentive for individuals to invest in their own human capital. In contrast, socialist systems may place less emphasis on individual achievement and more on collective welfare, potentially leading to less investment in human capital development.

In ________ Systems,there Is Less Opportunity to Develop Human Capital